This agreement provides a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), for the recipient's drinking water state revolving fund (dwsrf) program

The Environmental Protection Agency Region 1 awarded the Rhode Island Infrastructure Bank $28.65 million on October 1, 2025, under the Drinking Water State Revolving Fund (CFDA 66.468) program to capitalize the state's drinking water revolving fund for lead service line replacement and associated activities.

The award funds low-interest financing to eligible public water systems for planning, design, and construction of drinking water improvement projects focused on the identification, planning, design, and replacement of lead service lines. The Rhode Island Infrastructure Bank will serve as the sole financial intermediary, providing loans to water systems rather than direct grants. The recipient may also use a portion of the funding for specific statutory set-asides. The funding supports the Safe Drinking Water Act's public health protection objectives by increasing technical, managerial, and financial capacity of public water systems engaged in lead service line remediation.

The Rhode Island Infrastructure Bank operates as a child entity of the State of Rhode Island and manages the state's drinking water and clean water revolving funds. Work will be performed in Rhode Island with administrative oversight by the state infrastructure bank. The period of performance extends from October 1, 2025, through September 30, 2032. No sub-recipients are named in this award; all assistance flows through the state revolving fund as loans to eligible public water systems.

Funds will be used for dwsrf-eligible lead service line replacement projects and associated activities directly connected to the identification, planning, design, and replacement of lead service lines. The award furthers the public health protection objectives of the safe drinking water act (sdwa). Activities:the recipient of these funds will provide low interest rate financing to eligible public water systems for the costs associated with the planning, design, and construction of eligible drinking water improvement projects. The recipient may also use some of the funding for specific set-asides. Funds will be used for dwsrf-eligible lead service line replacement projects and associated activities directly connected to the identification, planning, design, and replacement of lead service lines. Subrecipient:n/a - all SRF assistance will be provided as loansoutcomes:the anticipated deliverables include financing, planning, design, and construction of eligible lead service line projects and associated activities. Deliverables will also be used to increase the lead service line-related technical, managerial, and financial capacity of public water systems. The expected outcome is public health protection. The intended beneficiaries include citizens throughout the state.