Posts Tagged ‘Press Release’
DEM RI Infrastructure Bank Solicit Communities to Apply for Financial Assistance for Water Improvement Projects
Rhode Island Department of Environmental Management – The Department of Environmental Management (DEM) and the Rhode Island Infrastructure Bank (RIIB) are encouraging Rhode Island communities that have identified needed water quality improvement projects to submit them for inclusion on DEM’s fiscal year 2025 project priority list (PPL). DEM’s Office of Water Resources (OWR) is reminding the public that such projects…
Read MoreBuilding a resilient Rhody requires an investment in infrastructure
The Boston Globe — With our shifting environment, communities must continue to adapt to better handle stormwater runoff and coastal storm impacts. Read the entire commentary from William Fazioli, Executive Director of the Rhode Island Infrastructure Bank, at the Boston Globe.
Read MoreGovernor McKee, Infrastructure Bank Announce $12 Million In Action Grants for Municipal Resilience Projects Across 20 Communities Across Rhode Island
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 actions through the program and will use grant funds to implement projects that will increase their climate resilience. Funding for these action grants comes from the…
Read MoreInfrastructure Bank Closes On $15 Million Loan for Pawtucket Drinking Water Upgrades
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 in the City of Pawtucket. Funding for the loan was made available through the Bipartisan Infrastructure Law, passed by Congress in November 2021.…
Read MoreInfrastructure Bank Closes On $5.5 Million In Loans for Woonsocket Drinking Water Upgrades
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 million in principal forgiveness (e.g. a grant) for water meter replacements, and a $525,000 Drinking Water State Revolving Fund loan, with $505,000…
Read MoreInfrastructure Bank Closes On $26 Million Loan for East Providence Drinking Water Upgrades
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 upgrades in the City of East Providence. Funding for this loan was made available through the Bipartisan Infrastructure Law, passed by Congress in…
Read MorePortsmouth Receives $2 Million From R.I. Infrastructure Bank To Continue Septic System Loan Program For Homeowners
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 allow the Town of Portsmouth to continue making 0% interest loans to qualifying homeowners to repair or replace failing septic systems and cesspools. The loan…
Read MoreTiverton Receives $600,000 From R.I. Infrastructure Bank To Continue Septic System Loan Program For Homeowners
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 Tiverton that will allow the community to continue making 0% interest loans to qualifying homeowners to repair or replace failing septic systems and cesspools. The…
Read MoreGovernor McKee, RI Infrastructure Bank Announce Opening of Municipal Matching Funds Pool
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 of the Municipal Matching Funds Pool through the Bank’s Municipal Infrastructure Grant Program, and encouraged local cities and towns to submit applications. The $5.5 million in available…
Read MoreMunicipal Resilience Program Notice of Extension of Deadline for Request for Responses
To view the MRP Notice of Extension, please click here.
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