Press Releases
Read the latest announcements about RIIB financing, grants, and investments in Rhode Island communities.
Infrastructure Bank Provides $4 Million In Financing For East Greenwich Road and Safety Improvements
July 9, 2026
PRESS RELEASE For Immediate Release: July 9, 2026 PROVIDENCE, RI – Rhode Island Infrastructure Bank has closed on a $4 million Municipal Road and Bridge Revolving Fund (MRB) loan for the Town of East Greenwich. The…
Infrastructure Bank Closes On $290,000 In Fully-Forgiven Small System Drinking Water Loans for The Greene School and Clear River Electric & Water District
June 29, 2026
PRESS RELEASE For Immediate Release: June 29, 2026 PROVIDENCE, RI – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has…
R.I. Infrastructure Bank Awards $1 Million In Grants For Stormwater Planning Projects In 10 Communities
June 8, 2026
PRESS RELEASE For Immediate Release: June 8, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
Tiverton & Jamestown Receive Combined $950,000 From Infrastructure Bank to Offer No Interest Septic System Loans to Homeowners
June 2, 2026
PRESS RELEASE For Immediate Release: June 2, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
RI Infrastructure Bank Closes On $6.2 Million Loan For Providence “Mile of History” Sidewalk Restoration
May 29, 2026
PRESS RELEASE For Immediate Release: May 29, 2026 $6.2 million Municipal Road & Bridge Fund loan to finance accessibility and historic preservation improvements along Benefit Street. PROVIDENCE, R.I. – Rhode Island…
Infrastructure Bank Awards $1.4 Million Emerging Contaminants Grant To Smithfield Water Supply Board To Connect Lake Forest Health Facility To Safe Drinking Water
April 28, 2026
PRESS RELEASE For Immediate Release: April 28, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, in coordination with the Rhode Island Department of Health (RIDOH), has awarded a $1,481,570 grant to the…
Infrastructure Bank Closes On $26.2 Million Loan For Providence Water To Continue Accelerated Lead Service Line Replacement Program
April 27, 2026
PRESS RELEASE For Immediate Release: April 27, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
Infrastructure Bank Awards $2 Million Emerging Contaminants Grant to Narragansett Bay Commission for PFAS Detection and Lab Upgrades
March 3, 2026
For Immediate Release: March 3, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a…
Infrastructure Bank Closes on $184 Million Bond Issue to Finance Clean Water & PFAS Remediation Projects
February 25, 2026
For Immediate Release: February 25, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has…
Rhode Island Infrastructure Bank Earns AAA Credit Ratings From Fitch and S&P
February 2, 2026
PRESS RELEASE For Immediate Release: February 3, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have given AAA, stable outlook credit ratings to the…
Infrastructure Bank Awards $200,000 Grant To URI For Manganese Vulnerability Study
January 8, 2026
PRESS RELEASE For Immediate Release: January 8, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (RIIB), the state’s central hub for financing infrastructure improvements for municipalities, businesses, and…
Infrastructure Bank Closes On $21 Million Loan for Providence Water Main Rehabilitation Work
December 16, 2025
PRESS RELEASE For Immediate Release: December 16, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and…
Infrastructure Bank Provides $11 Million Low-Cost Loan to Warwick Sewer Authority For Treatment System Upgrades
December 4, 2025
PRESS RELEASE For Immediate Release: December 4, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners…
Infrastructure Bank Provides $3.7 Million Low-Cost Loan to Town of West Warwick for Wastewater Treatment System Upgrades
December 4, 2025
For Immediate Release: December 4, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed…
Infrastructure Bank Provides $788,000 Loan to Bristol for Design of Multiple Clean Water Projects
December 1, 2025
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 $788,000 Clean Water State Revolving…
Infrastructure Bank Awards Community Project Assistance Grants To 8 Municipal Projects Across State
October 31, 2025
PRESS RELEASE For Immediate Release: October 31, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners…
Infrastructure Bank Closes On $100,000 Loan For Prudence Park Water Association To Install New Pressure Tanks & Flow Meter
October 23, 2025
PRESS RELEASE For Immediate Release: October 23, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and…
Infrastructure Bank Provides $6 Million In Financing For Westerly Road Improvement Work
October 21, 2025
PRESS RELEASE For Immediate Release: October 21, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $6 million Municipal Road and Bridge Revolving Fund loan for the Town Westerly for the…
Infrastructure Bank Provided $200 Million In Financing For Rhode Island Projects In FY 2025
October 16, 2025
PRESS RELEASE For Immediate Release: October 15, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners…
Infrastructure Bank Provides $218,000 Loan For Tiverton Wastewater Facilities Plan Update
September 17, 2025
PRESS RELEASE For Immediate Release: September 17, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and…
Infrastructure Bank Provides $5 Million In Financing For Water Main Replacements In Lincoln’s Saylesville Neighborhood
August 20, 2025
PRESS RELEASE For Immediate Release: August 20, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on $5 million in low-cost financing for water main replacements in the Town of Lincoln’s Saylesville…
Infrastructure Bank Provides $1.5 Million In Financing For Road Improvement Work In Hopkinton
July 31, 2025
For Immediate Release: July 31, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $1.5 million Municipal Road & Bridge Revolving Fund loan for the Town of Hopkinton for road resurfacing work. The…
Infrastructure Bank Provides $5.8 Million In Financing For Road Improvement Work In Bristol & Pawtucket
July 17, 2025
PRESS RELEASE For Immediate Release: July 17, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on Municipal Road and Bridge Revolving Fund loans for the Town of Bristol ($2.8 million) and the City of…
R.I. Infrastructure Bank Closes On $100 Million In Bond Financing For Narragansett Bay Commission CSO Phase III Project
June 25, 2025
PRESS RELEASE For Immediate Release: June 25, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
Rhode Island Infrastructure Bank Earns AAA Credit Ratings From Fitch and S&P
June 4, 2025
PRESS RELEASE For Immediate Release: June 4, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have both given AAA, stable outlook credit ratings to the…
Arup selected to conduct Rhode Island Coastal Resilience Study
May 29, 2025
PRESS RELEASE For Immediate Release: 05/29/25 Arup will undertake a statewide analysis of resilience actions, vulnerabilities, and priority projects for investment. Rhode Island Infrastructure Bank and the Rhode Island…
With climate change our new reality, it’s time to invest in a more resilient Rhody
May 19, 2025
During a one-month stretch in January 2024, Rhode Island was hammered by several severe rainstorms, with communities across the state experiencing 3-5 inches of rain in a very short time. According to the National…
Legislators, Treasurer Diossa, Infrastructure Bank urge passage of Resilient Rhody Infrastructure Fund Bill
May 14, 2025
STATE HOUSE – Earlier today, Rep. Terri Cortvriend and Sen. Louis DiPalma were joined by Rep. Tina Spears, Rhode Island General Treasurer James Diossa, Bristol Town Manager Steven Contente, and Rhode Island…
Infrastructure Bank Closes On $26.3 Million Loan For Providence Water To Continue Lead Service Line Replacement Program
April 29, 2025
PRESS RELEASE For Immediate Release: April 29, 2025 $26.3 million in Infrastructure Investment and Jobs Act funding to be utilized for lead pipe replacement work within Providence Water’s service area. PROVIDENCE, R.I.…
Infrastructure Bank Approves $3.8 Million Loan For New Prudence Island Drinking Water Treatment System
April 14, 2025
PRESS RELEASE For Immediate Release: April 14, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
Infrastructure Bank Approves $1.6 Million Loan To Connect Rockland Oaks Senior Housing Development To New Drinking Water System
March 20, 2025
PRESS RELEASE For Immediate Release: March 20, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners,…
Infrastructure Bank Provides $250,000 Grant To Central Falls For Sewer System Upgrade Planning
March 12, 2025
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 Clean Water State Revolving…
Coventry Structured Investments Provides $25.8 Million In C-PACE Financing Through RI Infrastructure Bank for RI Grows Greenhouse
February 10, 2025
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced $25.8 million in Commercial Property Assessed Clean Energy (C-PACE) program financing from Coventry Structured Investments (CSI) for stormwater…
Infrastructure Bank Awards $638,000 In Emerging Contaminants Grants To Small Water Systems In Newport, Scituate & Little Compton
January 16, 2025
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, in coordination with the Rhode Island Department of Health, has awarded a total of $638,000 in grant funding to small water systems in Newport, Scituate, and Little…
Infrastructure Bank Awards $3.3 Million In Municipal Infrastructure Grants for Projects In 11 Cities & Towns
January 9, 2025
PROVIDENCE, R.I. – The Board of Rhode Island Infrastructure Bank has voted to award a total of $3,341,918 million in Municipal Infrastructure Grant Program (MIGP) awards to the communities of Bristol, Burrillville,…
R.I. Infrastructure Bank Provides $550,000 In Septic System Loan Financing For Johnston & Scituate Programs
December 3, 2024
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 for the Town of…
R.I. Infrastructure Bank Provides Westerly With $250,000 In Sewer Tie In Loan Program Financing
December 2, 2024
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…
C-PACE Financing for Solar Installation at a Family-Owned Restaurant in Rhode Island
November 18, 2024
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…
Infrastructure Bank Awards $650,000 To Wood River Health Services To Remove PFAS From Drinking Water System
October 30, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a $650,000 grant to Wood River Health…
R.I. Infrastructure Bank Provides Warwick With $150,000 In Sewer Tie In Loan Program Financing
October 16, 2024
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…
Infrastructure Bank Awards $1.4 Million Grant To URI Cooperative Extension For PFAS Detection & Monitoring
October 16, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a $1,430,898 grant to the University of…
R.I. Infrastructure Bank Provides $77,000 To Richmond’s Shannock Water District For New Emergency Generator
October 8, 2024
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 $77,000 Drinking Water State…
Infrastructure Bank Announces $5.2 Million In Action Grants for Municipal Resilience Projects In 8 Communities Across Rhode Island
September 24, 2024
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…
R.I. Infrastructure Bank Awards $1.7 Million To Chariho, Foster & Scituate Public Schools To Address PFAS
July 29, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, in partnership with the Rhode Island Department of…
- RIIB
R.I. Infrastructure Bank Issues $41 Million Bond To Finance Narragansett Bay Commission CSO Phase III Construction
May 13, 2024
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…
Fitch and S&P Give AAA Credit Rating To Rhode Island Infrastructure Bank
April 29, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have both given AAA, outlook stable credit ratings to the Bank. “Receiving these AAA credit ratings is a…
Governor McKee, Infrastructure Bank Announce $12 Million In Action Grants for Municipal Resilience Projects Across 20 Communities Across Rhode Island
January 26, 2024
PROVIDENCE, RI – Today, Governor Dan McKee and the Rhode Island Infrastructure Bank announced $12 million in Action Grants for participants of the Municipal Resilience Program (MRP). Communities prioritized local…
Infrastructure Bank Closes On $15 Million Loan for Pawtucket Drinking Water Upgrades
January 12, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $15,000,000 Drinking Water State Revolving Fund loan, with $2.25 million in principal forgiveness (e.g. a grant), to finance water meter replacements…
Infrastructure Bank Closes On $5.5 Million In Loans for Woonsocket Drinking Water Upgrades
January 9, 2024
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on two loans to finance drinking water infrastructure upgrades in the City of Woonsocket; a $5,000,000 Drinking Water State Revolving Fund loan, with $2…
Infrastructure Bank Closes On $26 Million Loan for East Providence Drinking Water Upgrades
December 27, 2023
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $26,000,000 Drinking Water State Revolving Fund loan, with $3.9 million in principal forgiveness (e.g. a grant), to finance water main infrastructure…
- RIIB
Portsmouth Receives $2 Million From R.I. Infrastructure Bank To Continue Septic System Loan Program For Homeowners
December 18, 2023
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 $2,000,000 loan to the that will…
Tiverton Receives $600,000 From R.I. Infrastructure Bank To Continue Septic System Loan Program For Homeowners
November 29, 2023
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 $600,000 loan to the Town of…
Governor McKee, RI Infrastructure Bank Announce Opening of Municipal Matching Funds Pool
November 8, 2023
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…
BankRI Provides $483,000 In C-PACE Financing Through Infrastructure Bank For Fulford Manufacturing Rooftop Solar Project
October 25, 2023
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced $483,000 in Commercial Property Assessed Clean Energy (C-PACE) program financing for a new rooftop solar installation at Fulford…
R.I. Infrastructure Bank Welcomes Anthony Hebert As Business Development Officer & Announces Staff Promotions
October 24, 2023
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Anthony Hebert will join the…
Infrastructure Bank Names Joanna L’Heureux New Chief Financial & Operating Officer
October 16, 2023
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Joanna L’Heureux has been named…
R.I. Infrastructure Bank Appoints William J. Fazioli As Executive Director
August 31, 2023
PROVIDENCE, R.I. – The Board of the Rhode Island Infrastructure Bank today announced the appointment of William J. Fazioli as CEO and Executive Director of the Bank. The appointment of Mr. Fazioli follows the departure…
Rhode Island Infrastructure Bank Names Three Municipalities To Join The Municipal Resilience Program
August 9, 2023
PROVIDENCE, R.I – Rhode Island Infrastructure Bank announced that three municipalities – the City of Cranston, the Town of Johnston, and the Town of West Warwick – have been selected to participate in the Bank’s…
Infrastructure Bank Applauds Governor and General Assembly Funding For Municipal Infrastructure, Clean Water, Drinking Water, and Affordable Housing Projects
June 16, 2023
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…
$515,000 Infrastructure Bank Loan Will Allow Narragansett To Better Protect Scarborough Treatment Facility From Coastal Erosion
June 16, 2023
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…
Infrastructure Bank Closes on $77 Million Green Bond to Support Clean & Drinking Water Projects Across Rhode Island
June 13, 2023
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,…
Infrastructure Bank Closes On $1 Million Loan For Study Of Water Quality Issues Impacting City Of Providence Ponds & Rivers
June 8, 2023
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…
Infrastructure Bank Closes On $5.5 Million Loan For Energy Efficiency Upgrades At Providence Water Treatment Plant & Pump Stations
June 6, 2023
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…
R.I. Infrastructure Bank Awards $632,100 In Grants For Stormwater Projects In East Providence, Pawtucket & Little Compton
May 8, 2023
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…
Infrastructure Bank Awards $2.5 Million In Municipal Infrastructure Grants for Pawtucket, East Providence, North Providence, East Greenwich, Lincoln & Cranston Projects
January 30, 2023
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…
Bill Fazioli Named New Managing Director at R.I. Infrastructure Bank, Anna Coelho Cortes Promoted to Deputy Managing Director
January 23, 2023
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…
Rhode Island Infrastructure Bank Releases Municipal Resilience Program Rolling Application
January 19, 2023
Cities and towns can now apply on a rolling basis to complete workshops and become eligible to apply for funding to advance climate resilience projects. PROVIDENCE, R.I – Rhode Island Infrastructure Bank has released a…
Infrastructure Bank Provides More Than $15 Million In Loans For Newport Clean and Drinking Water Projects
January 3, 2023
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on $15.8 million in loans for critical clean and drinking water infrastructure projects in the City of Newport. A $12.5 million loan from the Bank’s Clean…
Infrastructure Bank Provides More Than $9 Million In Loans For Smithfield Energy Efficiency, Drinking Water & Septic System Projects
December 20, 2022
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on $9.8 million in loans for energy efficiency, drinking water, and septic system projects in the Town of Smithfield. A $6.6 million loan from the Bank’s…
Rhode Island Infrastructure Bank Names 5 Municipalities to Join the Municipal Resilience Program
December 16, 2022
Cities and towns will complete workshops and advance projects to address the impacts of climate change. PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced 5 new municipalities – Coventry, East Greenwich,…
Eileen Rose Named New Chief Financial Officer at R.I. Infrastructure Bank
September 20, 2022
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Eileen Rose has been named the…
Infrastructure Bank Awards Municipal Infrastructure Grants to Central Falls, New Shoreham, Burrillville & Glocester Projects
August 23, 2022
PROVIDENCE, R.I. – At last night’s public meeting, the Board of Rhode Island Infrastructure Bank voted to award a total of $1 million in Municipal Infrastructure Grant Program funds to the communities of Central Falls,…
With Energy Rates Spiking, Infrastructure Bank Reminds Cities, Towns & Commercial Businesses of Efficiency Programs Designed to Reduce Energy Costs and Emissions
August 4, 2022
PROVIDENCE, R.I. – With the recent announcement by Rhode Island Energy that residential and commercial electricity rates are set to increase by nearly 50 percent starting in October, Rhode Island Infrastructure Bank is…
R.I. Infrastructure Bank Finances Bristol Wastewater Treatment Facility Upgrades With $7.8 Million Loan
July 11, 2022
PRESS RELEASE For Immediate Release: July 11, 2022 Contact: Chris Hunter, 401-487-7771 PROVIDENCE, R.I. – On June 27, Rhode Island Infrastructure Bank closed on a $7.8 million Clean Water State Revolving Fund loan for…
R.I. Infrastructure Bank Finances Bristol Wastewater Treatment Facility Upgrades With $7.8 Million Loan
June 27, 2022
PROVIDENCE, R.I. – Today, Rhode Island Infrastructure Bank closed on a $7.8 million Clean Water State Revolving Fund loan for the Town of Bristol to finance a number of upgrades to the town’s wastewater treatment…
Infrastructure Bank Announces $4.9 Million for Municipal Resilience Program Action Grants and Names 6 Municipalities to Participate in 2022 Program Round
April 4, 2022
Cities and towns will implement specific projects to address impacts of climate change PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced $4.9 million in Action Grants for participants of the Municipal…
Infrastructure Bank Awards $827,000 In Water Quality Grants To 4 Water Systems Across Rhode Island
March 30, 2022
Infrastructure Bank Awards $827,000 In Water Quality Grants To 4 Water Systems Across Rhode Island PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the award of $827,000 in water…
Infrastructure Bank Announces $810,000 In Financing & Principal Forgiveness For Ponaganset High School Water System Upgrades
March 8, 2022
Infrastructure Bank Announces $810,000 In Financing & Principal Forgiveness For Ponaganset High School Water System Upgrades PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced an…
Infrastructure Bank Announces $20 Million in Financing for New Kent County Water Authority Administration and Maintenance Facility
January 26, 2022
Infrastructure Bank Announces $20 Million in Financing for New Kent County Water Authority Administration and Maintenance Facility PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today…
R.I. Infrastructure Bank Releases Resilient Rhody Three Year Impact Update Report
November 22, 2021
R.I. Infrastructure Bank Releases Resilient Rhody Three Year Impact Update Report PROVIDENCE, R.I. – Today, Rhode Island Infrastructure Bank (Infrastructure Bank) released the Resilient Rhody 3 Year Impact Report…
Rhode Island Infrastructure Bank Creates New Aquidneck Island Regional Resilience Coordinator Position
October 25, 2021
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the creation of a new pilot “Regional Resilience Coordinator” position to provide dedicated technical assistance to Aquidneck…
Infrastructure Bank Announces Financing & Grant Package For New Groundwork Rhode Island Community Composting Facility
September 22, 2021
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the creation of a new pilot “Regional Resilience Coordinator” position to provide dedicated technical assistance to Aquidneck…
RI Infrastructure Bank Bond Refinancing Returns $6.4 Million In Savings To Municipalities
September 13, 2021
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the creation of a new pilot “Regional Resilience Coordinator” position to provide dedicated technical assistance to Aquidneck…
Infrastructure Bank to Sell State Revolving Fund Refunding Revenue Bonds
August 11, 2021
Infrastructure Bank to Sell State Revolving Fund Refunding Revenue Bonds PROVIDENCE, RI – Rhode Island Infrastructure Bank (the Bank) announced today that it is offering $127.965 million* of State Revolving Fund…
Infrastructure Bank Approves $400,000 Brownfield Loan for Nexus Lofts Project in Pawtucket
June 17, 2021
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the approval of a $400,000 loan from the Brownfields Revolving Loan Fund to finance environmental remediation work as part of the…
Infrastructure Bank Approves Up To $400,000 Loan For Coventry Fire District To Purchase & Install Energy Efficient Streetlights
June 17, 2021
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the approval of up to a $400,000 loan from the Efficient Buildings Fund to allow the Coventry Fire District to purchase and…