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A $120 MILLION housing bond issue was approved by voters statewide in November 2024. Gov. Daniel J. McKee wants to put another $120 million bond issue for affordable housing on the ballot in November. / PBN FILE PHOTO/WILLIAM HAMILTON

In 2024, voters OK’d $120M housing bond; Gov. McKee is seeking...

Over the last two decades, Rhode Island voters have approved five bonds totaling $310 million aimed at making housing more affordable, but now Gov....

State’s investment potential touted at conference

PROVIDENCE – State leaders and quasi-public agency officials touted Rhode Island's potential to possible investors ahead of next month's general obligation bonds issuance during...

National ratings agencies affirm R.I. credit rating ahead of bond sale

PROVIDENCE – Rhode Island is well-positioned for the upcoming sale of its general obligation bonds after receiving stable ratings from all three major credit...

Fitch affirms Pawtucket bond, credit risk ratings

PAWTUCKET – Fitch Ratings recently affirmed its existing ratings for the city’s general obligation bonds and credit risk. The March 5 analysis cited state statutes...

Providence completes bond refunding with $2M savings

PROVIDENCE – The city recently closed a transaction refunding its 2021 general obligation bonds, according to a news release. The new, five-year tax-exempt bonds were...

Public spending on projects for PawSox move to Worcester increases to...

WORCESTER, Mass. – The total public spending on all four Canal District projects directly related to the relocation of the Pawtucket Red Sox to...

R.I. general obligation bonds receive AA rating from Fitch

PROVIDENCE – Fitch Ratings has assigned an AA rating to Rhode Island’s general obligation bonds. The rating outlook is stable. Fitch noted Rhode Island’s conservative...

R.I. earns high marks on bonds, credit risk from Fitch...

PROVIDENCE – Rhode Island received high marks in a recent bond ratings report from New York-based Fitch Ratings, one of the big three investment...
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