Rhode Island Infrastructure Bank

Our November Infrastructure Bank Update is out with news about our C-PACE program helping Rhode Island small businesses invest in #renewableenergy solutions, grant funding for #affordablehousing infrastructure, helping address #PFAS contamination and more.

Great to see our C-PACE program helping Rhode Island small businesses, like Angelo's Pizza Palace, invest in renewable energy solutions. We're also pleased to welcome New York City Energy Efficiency Corporation (NYCEEC) as a new C-PACE lender in the Rhode Island market. #renewableenergy #energyefficiency #infrastructurefinance

This week our team is in Long Beach, California participating in the Council of Infrastructure Financing Authorities' SRF Workshop. It's been great sharing our work in Rhode Island and learning what other State Revolving Fund programs are doing to address the most pressing water challenges they are facing. #cleanwater #stormwater #drinkingwater #infrastructureinvestment #infrastructurefinance

“This project is a great example of how C-PACE can support small businesses in Rhode Island who want to invest in renewable energy,” said Jim Braz, Director of Commercial Clean Energy Services for Rhode Island Infrastructure Bank. “Thanks to this C-PACE loan offered through the New York City Energy Efficiency Corporation (NYCEEC), Angelo’s Pizza will be able to invest in a rooftop solar system that will power their business, reduce energy costs and emissions, and all with no upfront costs.” #rooftopsolar #energyfinance #smallbusiness

Yesterday we had the opportunity to tour the under construction Tidewater Stadium in the?City of Pawtucket, RI, the future home of?Rhode Island FC. Infrastructure Bank grant funding is supporting stormwater improvements and a new pedestrian bridge over the Seekonk River, and our C-PACE program is financing the stadium's energy efficiency elements. Goal!?

This morning we joined with Governor Dan McKee, Pawtucket Mayor Don Grebien, the Rhode Island Department of Housing, and members of the Rhode Island House and Senate to announce $2.8 million in Municipal Infrastructure Grant Program Housing Infrastructure awards to support the development of five affordable housing projects. Projects like the 177 unit RISE Pawtucket Apartments where today's announcement event was held. "Developing housing projects often requires upgrades to municipal infrastructure including site preparation, stormwater management, sidewalks, and wastewater utilities,” said Bill Fazioli, Executive Director of Rhode Island Infrastructure Bank. “That is why we are pleased to award $2.8 million for necessary infrastructure improvements to five affordable housing projects across the state. Improvements that will enable these projects to move forward and provide the additional homes and residential units that Rhode Island needs to address our affordable housing crisis.” #affordablehousing #infrastructure #infrastructureinvestment #stormwater #greeninfrastructure

Thank you Rhode Island for voting #YesOn4RI to approve the $53 million Green Bond, including $10 million for municipal resilience projects across the state! #resilience #resilientinfrastructure #greeninfrastructure #infrastructureinvestment

Voting #YesOn4RI today will approve $10 million for municipal resilience projects across Rhode Island. Projects like installing a bioretention system at Warwick’s Oakland Beach to reduce flooding and minimize bacterial pollution in Greenwich Bay. #resilience #coastalresilience #stormwatermanagement #greeninfrastructure

“When testing indicated that our own well water system had high levels of #PFAS, we knew we needed to act quickly to address the issue to protect the health of our patients and staff,” said Alison Croke, CEO of Wood River Health. “As a community health center with a tight budget, spending hundreds of thousands of dollars on a new treatment system was going to be extremely difficult. We are so grateful to the Rhode Island Infrastructure Bank for this grant.”

Building a resilient Rhody requires an investment in infrastructure. That's why we're urging Rhode Island voters to #VoteYesOn4RI to approve $10 million for resilient infrastructure investments across the state. #resilience #resilientinfrastructure #stormwater #coastalresilience