R.I. Infrastructure Bank finances $30M in municipal drinking-water projects

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THE RHODE ISLAND Infrastructure Bank recently announced $30 million in low-interest financing to four municipalities for drinking-water projects.
PROVIDENCE – The Rhode Island Infrastructure Bank recently announced $30 million in low-interest financing to four municipalities for drinking-water projects, according to a news release. The loans, provided through the bank’s Drinking Water State Revolving Fund, are estimated to save the borrowers a combined $10.9 million in debt service compared with what they would have…

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