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R.I. Infrastructure Bank approves $21M in financing for Providence Water upgrades

PROVIDENCE – Rhode Island Infrastructure Bank has closed on a $21 million Drinking Water State Revolving Fund loan for Providence Water to fund major...

R.I. Infrastructure Bank closes on $26.3M loan to Providence Water for...

PROVIDENCE – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses and homeowners, closed on a $26.3 million...
LITTLE DIG: Richie Nero, left, of Boyle & Fogarty Construction Co., works on removing an old lead residential water supply line outside a home where service was getting upgraded to copper on June 29 in Providence. Health and environmental groups have been fighting for lead-free water to drink in Providence for at least a decade. 
AP PHOTO/CHARLES KRUPA

Providence tries to solve city’s lead pipe problem

Prandy Tavarez and his wife were expecting a baby when they bought a four-bedroom house in a well-kept neighborhood of century-old homes in Providence....
A $500 MILLION PENSION obligation bond issue had been given the go-ahead by state legislators and Providence voters in order to ease the city's pension problems, but rising interest rates have put that bond issue in question. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence $500M bond issue to ease pension woes in jeopardy because...

Rising interest rates have thrown a monkey wrench into Providence’s plan to borrow $500 million to ease its deepening pension problems, and some say...

Complaint to EPA accuses Providence Water of discrimination in lead replacement...

PROVIDENCE – A group of local and national activism groups has accused Providence Water Supply Board of violating federal anti-discrimination laws for putting communities...

Providence Water to increase rates July 1

PROVIDENCE – Providence Water Supply Board customers will see their bills go up 4.3% starting July 1, marking the second year of a three-year...

R.I. Infrastructure Bank finances $30M in municipal 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...

Proposed three-year rate hike for Providence Water customers approved

WARWICK - Residential and municipal customers of the Providence Water Supply Board will soon see their monthly bills increase. The R.I. Public Utilities Commission on...

Five municipalities save $560K by refinancing bonds through R.I. Infrastructure Bank

PAWTUCKET – Five municipalities recently saved $559,826 by refinancing bonds through the R.I. Infrastructure Bank. The refinancing of Drinking Water State Revolving Fund bonds was...
PROVIDENCE WATER SUPPLY BOARD will use a $16.2 million loan from Rhode Island Infrastructure Bank to replace existing lead pipes that connect customers to main water lines. /COURTESY PROVIDENCE WATER SUPPLY BOARD

Providence Water Supply Board receives $16.2M RIIB loan to replace lead...

PROVIDENCE – The Providence Water Supply Board was approved for a $16.2 million loan to replace lead pipes. The deal was made with the Rhode...
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