Archive for December 2023
Infrastructure 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 MoreDecember 12, 2023 Meeting of the Board
Notice of MeetingRhode Island Infrastructure BankBoard of Directors – Tuesday, December 12th, 202311 A.M. Meeting AgendaPLACE: 275 Promenade Street, Suite 301Providence, RI 02908TIME: 11:00 A.M. OLD BUSINESS: NEW BUSINESS: *Vote may be taken on this item.
Read MoreIndependent Registered Municipal Advisors
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