R.I. Infrastructure Bank Provides Westerly With $250,000 In Sewer Tie In Loan Program Financing

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on a $250,000 loan to allow the Town of Westerly to offer 0% interest, 5-year loans to eligible homes to tie into the Town’s sewer system and abandon outdated septic and cesspool systems. “Transitioning from old…

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C-PACE Financing for Solar Installation at a Family-Owned Restaurant in Rhode Island

NEW YORK, N.Y. – NYCEEC provided a Commercial Property Assessed Clean Energy (C-PACE) Loan to finance the installation of rooftop and ground-mount solar installations at a family-owned pizza restaurant outside of Providence, Rhode Island. The project will be installed at Angelo’s Palace Pizza on a 2.3-acre commercial property and is anticipated to provide nearly 300…

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R.I. Infrastructure Bank Provides Warwick With $150,000 In Sewer Tie In Loan Program Financing

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on a $150,000 loan to allow the City of Warwick to continue their low-interest loan program for eligible homes to tie into the local sewer system and abandon outdated septic and cesspool systems.…

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Infrastructure Bank Announces $5.2 Million In Action Grants for Municipal Resilience Projects In 8 Communities Across Rhode Island

PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced $5.2 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. Funding for the action grants comes from the 2022 voter approved Green…

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Notice of Solicitations: Small Business Energy Fund Pilot Program And Technical Assistance

PROPOSALS SOUGHT FOR: Technical assistance for non-profits, and other private entities, to construct or make improvements to clean energy-related infrastructure and projects including but not limited to, those related to greenhouse gas reduction or elimination, zero-emission technology, clean transportation, clean heating, energy storage, energy efficiency, renewable energy, and demand-side management. OVERVIEW: Small Business Energy Fund…

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Infrastructure Bank awards $12 Million in Action Grants to 19 Communities

New England Real Estate Journal — On January 25th, Infrastructure Bank joined with Governor Dan McKee and Mayor Xaykham Khamsyvoravong to award $12 million in Municipal Resilience Program Action Grants to 20 projects in 19 communities across Rhode Island. For this round of MRP Action Grants, the Infrastructure Bank received 41 proposals from 30 communities,…

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Bristol Gets Grant to Plant Trees in Effort to Boost Climate Resilience

East Bay RI — The Rhode Island Infrastructure Bank has awarded 20 individual “Action Grants” totaling $12 million, earmarked for Municipal Resilience Projects (MRPs), and Bristol will be receiving $113,225 of that. The funds are part of the 2022 voter-approved Green Bond, which will allow cities and towns to implement resilience projects to address the…

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