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R.I. Infrastructure Bank awards $1M in grants to 4 municipalities

THE RHODE ISLAND Infrastructure Bank recently awarded $1 million in grants to four municipalities for public infrastructure projects.

PROVIDENCE – The Rhode Island Infrastructure Bank recently awarded $1 million in grants to four municipalities for public infrastructure projects, according to a news release.

The money was awarded through the Municipal Infrastructure Grant Program, which offers capital funding to public entities for improvement projects that create housing and economic development, with a 25% match requirement.

Recipients of the latest funding, and projects, are:

  • Burrillville for a project to design and build a 90-foot sewer pipe across Clear River, updating sewer work that was completed in the mid-90s, to allow for future residential and commercial development.
  • Central Falls to partially fund creation of 47 new affordable housing units on Broad Street.
  • New Shoreham for new workforce housing units.
  • Glocester for a study of how to develop a community potable water system in Chepachet.

Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.

THE RHODE ISLAND Infrastructure Bank recently awarded $1 million in grants to four municipalities for public infrastructure projects.

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