Posts by Chris Hunter
Infrastructure 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 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
To view this notice, click here.
Read MoreRHODE ISLAND GOVERNMENT REGISTERPUBLIC NOTICE OF PROPOSED RULEMAKING
Title of Rule: CLEAN ENERGY FUND POLICIES AND PROCEDURESRule Identifier: 830-RICR-10-05-3Rulemaking Action: Proposed AdoptionImportant Dates:Date of Public Notice: November 29, 2023Hearing Date: December 18, 2023End of Public Comment: December 29, 2023 Rulemaking Authority:R.I. Gen. Laws § 46-12.2-4R.I. Gen. Laws § 46-12.2-4.3Summary of Rulemaking Action:The Proposed Rule will govern the provision of financial assistance from the…
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 MoreEfficient Buildings Fund Round 15 Draft Project Priority List
To view the RI EBF Round 15 Draft Project Priority List, click here.
Read MoreRFP- Senior Managing Underwriter and/or Co-Managing Underwriter
Rhode Island Infrastructure Bank (the Bank) is soliciting proposals from qualified firms to serve as Senior Managing Underwriter or Co-managing Underwriter with respect to the sale of bonds and related services for the Bank. The selected firm(s) will serve in either capacity for up to two years with an option for one additional year. Proposals…
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