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Governor McKee, RI Infrastructure Bank Announce Opening of Municipal Matching Funds Pool
PROVIDENCE, R.I. – Governor Dan McKee and Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced the opening of the Municipal Matching Funds Pool through the Bank’s Municipal Infrastructure Grant Program, and encouraged local cities and towns to submit applications. The $5.5 million in available…
Read MoreNotice of Solicitations: Affordable Housing Development and Municipal Matching Funds
On or about September 27, 2023, Rhode Island Infrastructure Bank (“Bank”) will issue two Requests for Proposals (“RFP”) for its Municipal Infrastructure Grant Program. Each RFP will target a specific project type. The first RFP will be for site-related infrastructure for affordable housing development projects. The second will be for matching funds for municipalities applying…
Read MoreInfrastructure Bank Applauds Governor and General Assembly Funding For Municipal Infrastructure, Clean Water, Drinking Water, and Affordable Housing Projects
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank is applauding the Governor and General Assembly for funding several infrastructure priorities in the FY 2024 state budget including: $5.5 million for the Municipal Infrastructure Grant Program (MIGP) – Originally created by the General Assembly in 2021, the MIGP has awarded $3.5 million in grant funding to 9…
Read More$515,000 Infrastructure Bank Loan Will Allow Narragansett To Better Protect Scarborough Treatment Facility From Coastal Erosion
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $515,000 Clean Water State Revolving Fund loan to the Town of Narragansett for site improvements at the Town’s Scarborough Wastewater Treatment Facility to better protect the site from coastal erosion. Specifically, funds will be used to restore a 600-foot-long rip-rap barrier which extends seaward…
Read MoreInfrastructure Bank Closes on $77 Million Green Bond to Support Clean & Drinking Water Projects Across Rhode Island
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $77,260,000 Green Bond to support clean water projects for the Narragansett Bay Commission and the communities of East Greenwich, East Providence, Middletown, Woonsocket, and Warwick, and for drinking water projects in the City of Providence. “Thanks to the Bipartisan Infrastructure Law, Rhode Island’s Clean…
Read MoreInfrastructure Bank Closes On $1 Million Loan For Study Of Water Quality Issues Impacting City Of Providence Ponds & Rivers
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $1,000,000 Clean Water State Revolving Fund Loan, with $400,000 in principal forgiveness, for the City of Providence to conduct studies into water quality issues impacting Mashpaug Pond (phosphorous), Roger Williams Park Ponds (phosphorous and bacteria), the Woonasquatucket River (heavy metals and bacteria), and West…
Read MoreInfrastructure Bank Closes On $5.5 Million Loan For Energy Efficiency Upgrades At Providence Water Treatment Plant & Pump Stations
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $5,500,000 Efficient Buildings Fund loan for numerous energy efficiency measures to be implemented at Providence Water’s water treatment facility and pump stations. “Providence Water has been a real leader in adopting renewable and energy efficient systems, and this $5.5 million loan from our Efficient…
Read MoreR.I. Infrastructure Bank Awards $632,100 In Grants For Stormwater Projects In East Providence, Pawtucket & Little Compton
Sewer Overflow and Stormwater Reuse Municipal Grant Program funds will improve stormwater management and reduce impacts on nearby waterways. PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded $632,100 in Sewer Overflow and Stormwater Reuse Municipal Grant Program funds for stormwater management…
Read MoreBill Fazioli Named New Managing Director at R.I. Infrastructure Bank, Anna Coelho Cortes Promoted to Deputy Managing Director
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Bill Fazioli has been named the Bank’s new Managing Director of Program and Business Development and that Anna Coelho Cortes has been promoted to Deputy Managing Director of Program and Business Development.…
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