The Bank will, from time to time, issue Requests for Proposals to solicit project proposals from municipalities.

Eligible Applicants:
Any Rhode Island city or town or by and through any agency designated by the municipal officers to act on their behalf, may apply to the program. Two or more municipalities may apply jointly.

Eligible Projects
A proposed project must be for improvements to land and/or infrastructure that is currently publicly owned or controlled. Applicants may request funding for predevelopment activities (such as due diligence and preparation of engineering documents) and/or for direct construction work. Program investments may be targeted to projects that support job creation and expansion, housing development and rehabilitation, community development projects in areas or districts that communities have determined are best suited to efficiently accommodate future growth or redevelopment.