R.I. Infrastructure Bank Issues $41 Million Bond To Finance Narragansett Bay Commission CSO Phase III Construction

Rhode Island Infrastructure Bank

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has issued a $41,630,000 Clean Water State Revolving Fund bond, with $5,200,000 in principal forgiveness stemming from the Bipartisan Infrastructure Law (e.g., a grant). Bond proceeds will help finance the ongoing construction of the Narragansett…

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