Clean Water State Revolving Fund (CWSRF)
Low-cost financing for wastewater and water pollution control projects.
Below-market interestLong-term repayment
RIIB
Rhode Island’s centralized hub of local infrastructure investment
Rhode Island Infrastructure Bank works collaboratively with public and private capital providers to develop and deploy solutions that support and finance investments in the State’s infrastructure and green energy initiatives. Our innovative programs for municipalities, quasi-public agencies and private property owners accelerate investments that create jobs, promote economic development, and enhance the environment.
We provide funding for critical Water Infrastructure projects across Rhode Island.
RIIB partners with municipalities, utilities, and private sponsors to plan and finance critical water, wastewater, and public health infrastructure that protects public health and the environment.
$2B+
Total financed
250+
Projects
35+
Municipalities
Programs in this category
Drinking Water State Revolving Fund (DWSRF)
Financing for safe drinking water and distribution improvements.
State partnershipFlexible termsCommunity Septic System Loan Program (CSSLP)
Upfront capital to replace or upgrade on-site wastewater systems.
Municipal & privateSeptic & cluster systemsSewer Tie-In Loan Fund (STILF)
Support to connect to public sewer and retire failing systems.
Sewer extensionsProject-specificWater Quality Protection Charge (WQPC)
Align local charges with long-term water quality projects.
Municipal programsDedicated revenue
Clean Energy
RIIB helps municipalities, businesses and property owners invest in energy efficiency, renewable generation and innovative clean energy financing structures that lower cost and reduce emissions
$150M+
Total financed
50+
Projects
25+
Municipalities
Programs in this category
Efficient Buildings Fund (EBF)
Financing to improve building performance and reduce energy use in public and qualified projects.
Municipal & commercialEnergy performanceCommercial Property Assessed Clean Energy (C-PACE)
Repay clean energy and resilience improvements on the property tax bill with long terms.
Property assessedPrivate & publicClean Energy Fund (CEF)
Support for distributed clean energy and eligible efficiency investments.
State partnershipFlexible use
Climate Resilience
From stormwater and contaminated sites to municipal resilience plans, RIIB offers financing and partnership to help communities adapt and invest with confidence.
$40M+
Total financed
40+
Projects
30+
Municipalities
Programs In This Category
Resilient Rhody
Rhode Island’s climate resilience initiative: move from local risk to funded stormwater and infrastructure projects.
Statewide initiativeCampaign landingMunicipal Resilience Program (MRP)
Grants and technical support for local climate action and resilience projects.
MunicipalitiesAction grantsStormwater Project Accelerator (SPA)
Upfront capital for green infrastructure and water-quality projects with reimbursement paths.
Green infrastructureInterest-freeBrownfields Revolving Loan Fund (BRLF)
Financing to remediate hazardous-substance sites and return properties to use.
DEM partnershipStacking capital
Municipal Infrastructure
From core public works to interagency collaboration, RIIB works with local governments to plan and deliver financing for the infrastructure that keeps communities running.
$40M+
Total financed
30+
Projects
25+
Municipalities
Programs In This Category
Municipal Infrastructure Grant Program (MIGP)
Competitive capital grants for public infrastructure that supports housing, development, and jobs.
Grant fundingRFP roundsMunicipal Road & Bridge Revolving Loan Fund
Long-term financing for municipal roads, bridges, and related transportation infrastructure.
Below-market ratesMunicipal borrowers
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Stories Across Our Programs
A Resilient New Water Treatment Plant in Woonsocket
Partner City of Woonsocket Challenge: The City of Woonsocket’s aging drinking water plant was not meeting Rhode Island Department of Environmental Management water quality discharge standards and entered into an agreemen
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Rhode Island’s First Battery Storage Facility
Partner Pascoag Utility District Challenge: Pascoag Utility District supplies power to approximately 5,000 customers in Northern Rhode Island. During peak summer months, high electricity demand was putting the facility a
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Increasing Resilience & Restoring Almy Pond in Newport
Partner City of Newport Challenge: Mitigating stormwater runoff into Almy Pond, one of the most distressed bodies of water in the state. Solution: $180,000 Municipal Resilience Program Action Grant. Results: The City of
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The Grass is Greener
Partner City of Central Falls Challenge: Macomber Stadium has served generations of Central Falls High School athletes, but in 2017 the field was deemed unsafe due to contaminated soil. Surrounded by abandoned mills and
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