More results found.
No results match your search term, but we're constantly adding new issuers to the BondLink platform. Looking to learn more?
PRESS RELEASE For Immediate Release: March 30, 2022
Infrastructure Bank Awards $827,000 In Water Quality Grants To 4 Water Systems Across Rhode Island
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank (Infrastructure Bank) today announced the award of $827,000 in water quality grants to 4 public water systems across Rhode Island. Awards come from the Bank’s Water Quality Protection Charge program, which makes funds available to public drinking water suppliers to complete projects that protect sources of drinking water.
· $28,500 grant to the Pawtucket Water Supply Board for the purchase of a conservation easement and right of first refusal for watershed property adjacent to Pawtucket Water’s reservoir in Cumberland.
· $672,000 grant to the Kent County Water Authority for the purchase of two parcels in the Town of Coventry and Hopkins Hill water main looping and re-servicing.
· $2,700 grant to the Richmond Water Supply Board for engineering costs associated with the design and permitting of a water treatment system.
· $123,900 grant to the Westerly Water Department for the development of a Water Supply System Management Plan, a vulnerability assessment, and a dead-end looping project on Spray Rock Road.
“Rhode Island’s communities, residents, and businesses depend on the reliable supply of clean drinking water, and these grants will allow water suppliers across the state to invest in important water quality protection projects,” said Rhode Island Infrastructure Bank CEO Jeffrey R. Diehl.
Through our drinking water programs, the Infrastructure Bank has provided $647 million in loans and grants for drinking water projects across the state.
# # #
About the Rhode Island Infrastructure Bank
Rhode Island Infrastructure Bank is Rhode Island’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. We leverage capital in a revolving fund to offer innovative financing for an array of infrastructure-based projects including water and wastewater, road and bridge, energy efficiency and renewable energy, and brownfield remediation. These quality-of-life projects improve the State’s infrastructure, create jobs, promote economic development, and enhance the environment. www.riib.org – Facebook: @RIinfrastructure – Twitter: @RI_InfraBank