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 Johnston and a $300,000 loan for the Town of Scituate to allow both communities to make 0% interest loans to qualifying homeowners to repair or replace failing septic systems and cesspools. The loans are being made via the Infrastructure Bank’s Community Septic System Loan Program.
“Repairing or replacing old septic and cesspool systems can be a real financial challenge for homeowners,”