First PACE loan given to new construction in Rhode Island

A RENDERING of the project at 580 South Water St. in Providence from May 2018. / COURTESY PROVIDENCE DOWNTOWN DESIGN REVIEW COMMITTEE
PROVIDENCE – The first ever Property Assessed Clean Energy loan has been made for a new construction project in Rhode Island, according to Twain Financial Partners. Twain contributed $2 million in financing for the project located at 580 South Water St., located in the Fox Point neighborhood of Providence, adjacent to Parcel 8 of the…

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