Press Releases
Rhode Island Infrastructure Bank Names 5 Municipalities to Join the Municipal Resilience Program
Cities and towns will complete workshops and advance projects to address the impacts of climate change. PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced 5 new municipalities – Coventry, East Greenwich, Hopkinton, North Providence, and West Greenwich – to participate in the Municipal Resilience Program (MRP). Communities will identify and prioritize local actions through the…
Read MoreEileen Rose Named New Chief Financial Officer at R.I. Infrastructure Bank
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Eileen Rose has been named the Bank’s new Chief Financial Officer and Chief Operating Officer. “Eileen brings more than 30 years of experience as a certified public accountant, certified internal auditor, and…
Read MoreInfrastructure Bank Awards Municipal Infrastructure Grants to Central Falls, New Shoreham, Burrillville & Glocester Projects
PROVIDENCE, R.I. – At last night’s public meeting, the Board of Rhode Island Infrastructure Bank voted to award a total of $1 million in Municipal Infrastructure Grant Program funds to the communities of Central Falls, New Shoreham, Burrillville, and Glocester for the completion of actionable, impactful projects identified through a request for proposals process. “The…
Read MoreWith Energy Rates Spiking, Infrastructure Bank Reminds Cities, Towns & Commercial Businesses of Efficiency Programs Designed to Reduce Energy Costs and Emissions
PROVIDENCE, R.I. – With the recent announcement by Rhode Island Energy that residential and commercial electricity rates are set to increase by nearly 50 percent starting in October, Rhode Island Infrastructure Bank is reminding cities, towns, and commercial and industrial property owners of the Bank’s efficiency and renewable energy programs for financing projects that generate…
Read MoreR.I. Infrastructure Bank Finances Bristol Wastewater Treatment Facility Upgrades With $7.8 Million Loan
PRESS RELEASE For Immediate Release: July 11, 2022 Contact: Chris Hunter, 401-487-7771 PROVIDENCE, R.I. – On June 27, Rhode Island Infrastructure Bank closed on a $7.8 million Clean Water State Revolving Fund loan for the Town of Bristol to finance a number of upgrades to the town’s wastewater treatment facility including rehabilitating settling tanks, new dewatering…
Read MoreR.I. Infrastructure Bank Finances Bristol Wastewater Treatment Facility Upgrades With $7.8 Million Loan
PROVIDENCE, R.I. – Today, Rhode Island Infrastructure Bank closed on a $7.8 million Clean Water State Revolving Fund loan for the Town of Bristol to finance a number of upgrades to the town’s wastewater treatment facility including rehabilitating settling tanks, new dewatering equipment, and new piping. “Our wastewater treatment plant is a critical piece of…
Read MoreInfrastructure Bank Announces $4.9 Million for Municipal Resilience Program Action Grants and Names 6 Municipalities to Participate in 2022 Program Round
Cities and towns will implement specific projects to address impacts of climate change PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced $4.9 million in Action Grants for participants of the Municipal Resilience Program (MRP). Communities prioritized local actions through the program and will use grant funds to implement projects that will increase their climate resilience.…
Read MoreInfrastructure Bank Awards $827,000 In Water Quality Grants To 4 Water Systems Across Rhode Island
Infrastructure Bank Awards $827,000 In Water Quality Grants To 4 Water Systems Across Rhode Island PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the award of $827,000 in water quality grants to 4 public water systems across Rhode Island. Awards come from the Bank’s Water Quality Protection Charge program, which makes funds available…
Read MoreInfrastructure Bank Announces $810,000 In Financing & Principal Forgiveness For Ponaganset High School Water System Upgrades
Infrastructure Bank Announces $810,000 In Financing & Principal Forgiveness For Ponaganset High School Water System Upgrades PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced an $810,000 loan and $200,000 in principal forgiveness for safe drinking water upgrades to Ponaganset High School’s water system. The project is being financed via the Drinking Water…
Read MoreInfrastructure Bank Announces $20 Million in Financing for New Kent County Water Authority Administration and Maintenance Facility
Infrastructure Bank Announces $20 Million in Financing for New Kent County Water Authority Administration and Maintenance Facility PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced a $20 million loan to the Kent County Water Authority, enabling the Authority to move forward with the construction of a new energy efficient administration and maintenance…
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