The Rhode Island Infrastructure Bank received a $15,395,600 formula grant from the Environmental Protection Agency under the Clean Water State Revolving Fund (CFDA 66.458) program. The purpose of the grant is to capitalize the state's Clean Water State Revolving Fund (CWSRF) program. The funds will be used to provide low-interest financing to numerous subrecipients for planning, design, and construction of eligible water quality improvement and protection projects throughout Rhode Island. The...
This Formula Grant from the Environmental Protection Agency (EPA) Region 1 provides $12.8 million to the Rhode Island Infrastructure Bank through the Clean Water State Revolving Fund (CWSRF) program. The funding will capitalize Rhode Island's CWSRF program from October 2021 through October 2028 to provide low-interest financing to subrecipients for water quality improvement and protection projects. Subrecipients, such as the Narragansett Bay Commission, will use financing for planning,...
The Environmental Protection Agency Region 1 awarded the Rhode Island Infrastructure Bank a $9.32 million Formula Grant under the Clean Water State Revolving Fund program (CFDA 66.458) on October 1, 2022. The grant will capitalize Rhode Island's Clean Water State Revolving Fund to provide low-interest financing to subrecipients through October 1, 2029 for planning, designing, and constructing eligible water quality improvement and protection projects. This will help establish and manage an...
The Environmental Protection Agency awarded the Rhode Island Infrastructure Bank a $13.145 million capitalization grant under the Clean Water State Revolving Fund program. The grant will capitalize Rhode Island's Clean Water State Revolving Fund to provide low-interest financing to subrecipients for planning, designing, and constructing eligible water quality improvement and protection projects through October 2029. One subaward of $1.5 million was made to the Narragansett Bay Commission for its...
This $12.8 million Formula Grant from the Environmental Protection Agency's Clean Water State Revolving Fund program provides funding to the Rhode Island Infrastructure Bank for capitalization of the state's Clean Water State Revolving Fund through January 2028. The grant aims to establish and manage an effective comprehensive CWSRF program to improve and protect water quality and public health by providing low-interest financing to recipients for eligible water quality improvement and...
This $18,324,000.00 Clean Water State Revolving Fund (CWSRF) Formula Grant, awarded by the U.S. Environmental Protection Agency (EPA) on October 1, 2024, supports the Rhode Island Infrastructure Bank's efforts to provide low-interest financing for water quality improvement and protection projects across the state. The key deliverables include financing, planning, design, and construction of eligible water infrastructure initiatives, such as wastewater treatment facility upgrades, stormwater...
This federal Formula Grant award, valued at $6,578,400.00, provides capitalization funding to the Rhode Island Infrastructure Bank (RIIB) to support the state's Clean Water State Revolving Fund (CFDA 66.458) program. The grant, awarded by the U.S. Environmental Protection Agency (EPA) Region 1, enables RIIB to offer low-interest financing to numerous subrecipients for eligible water quality improvement and protection projects. The anticipated deliverables under this grant include the planning,...
This $1,428,000 Formula Grant, awarded by the U.S. Environmental Protection Agency (EPA) under the Clean Water State Revolving Fund (CFDA 66.458) program, provides capitalization funding to the Rhode Island Infrastructure Bank to establish and manage an effective comprehensive CWSRF program. The primary purpose of this grant is to address emerging contaminants in drinking water and wastewater systems across the state. The funds will enable the bank to offer low-interest financing to numerous...
This $5,593,200 Formula Grant award from the U.S. Environmental Protection Agency (EPA Region 1) under the Drinking Water State Revolving Fund (CFDA 66.468) program provides capitalization funding to the Rhode Island Infrastructure Bank to deliver low-interest financing for eligible drinking water improvement projects across the state. Key activities supported by this grant include financing the planning, design, and construction of public water system infrastructure upgrades, as well as...
This $27,582,000 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 1 under the Drinking Water State Revolving Fund (CFDA 66.468) program provides funding to the Rhode Island Infrastructure Bank to support drinking water infrastructure improvements across the state. The grant enables the bank to offer low-interest financing to eligible public water systems for the planning, design, and construction of projects that enhance drinking water quality and public health...