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

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.
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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