PROVIDENCE, R.I. – The Board of Rhode Island Infrastructure Bank has voted to award a total of $2.5 million in Municipal Infrastructure Grant Program funds to the communities of Pawtucket, East Providence, North Providence, East Greenwich, Lincoln, and Cranston for the completion of actionable, impactful projects identified through a request for proposals process.
“We’re pleased to award $2.5 in Municipal Infrastructure Grant Program funding to Pawtucket, East Providence, North Providence, East Greenwich, Lincoln, and Cranston,”
Municipal Infrastructure Grant Program awarded projects:
The Municipal Infrastructure Grant Program was established to provide competitive grants to municipalities statewide to complete key infrastructure projects that accelerate affordable housing and economic development, with recipients required to provide a local match of at least 25%.
Rhode Island Infrastructure Bank is Rhode Island’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. We leverage capital in a revolving fund to offer innovative financing for an array of infrastructure-based projects including water and wastewater, road and bridge, energy efficiency and renewable energy, and brownfield remediation. These quality-of-life projects improve the State’s infrastructure, create jobs, promote economic development, and enhance the environment. www.riib.org – Facebook: @RIinfrastructure – Twitter: @RI_InfraBank