R.I.’s unknown, essential lender

Behind the often-costly push for clean water and green energy is a lender many Rhode Islanders have never heard of

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TRUE BLESSING: ­Earlier this year, the R.I. Infrastructure Bank provided $350,000 in financing for a new water system at the Four Seasons Mobile Home Park in Tiverton. As part of the bank’s principal-forgiveness work, it did not charge the residents of the 24-unit park, a “true blessing” said Nancy Brayton, pictured above with her husband, David. Most of the residents there are retired and living on fixed incomes.
 / PBN PHOTO/RUPERT WHITELEY
Residents of the Four Seasons Mobile Home Cooperative in Tiverton long have gotten water from a well at the site connected to old plastic pipes. The system sometimes needs to be powered by a generator and had been breaking down regularly, requiring costly repairs. The community of 24 homes is made up primarily of retirees…

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