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WHILE STATE REGULATORS have cleared the way for Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence to be sold, the mayors in both communities are insisting that they be protected from a loss of tax revenue in the deal. / PBN FILE PHOTO/MICHAEL SALERNO

Will Providence, North Providence lose tax dollars in wake of sale...

The sale of two cash-strapped Rhode Island medical centers is on track to be finalized in early 2025, but municipal leaders have raised concerns...

RIHEBC provides more than $830M in fiscal 2024 bond financing

PROVIDENCE – The R.I. Health and Educational Building Corp. said it has closed on 12 bond financings and refinancings totaling more than $830 million...

$250K RIHEBC loan will finance Higher Ground International HQ renovations

PROVIDENCE – The R.I. Health and Educational Building Corp. says it has closed on a $250,000 loan to help the nonprofit Higher Ground International...
RENDERINGS OF THE NEW Central Falls High School shows it will be built on the intersection of Londsale and Higginson avenues in the city. / COURTESY MAYOR MARIA RIVERA

Construction on new Central Falls High School slated to start in...

CENTRAL FALLS – The city’s high school, the oldest in Rhode Island, has been showing its age for many years. Mayor Maria Rivera, who graduated...

RIHEBC awards $66K capital grant to Saint Antoine Residence

NORTH SMITHFIELD – The R.I. Health and Educational Building Corp. has awarded Saint Antoine Residence in North Smithfield $66,700 as part of its Capital...
GOING BIG: This is a rendering of the planned building for Providence College’s new School of Nursing and Health Sciences, which will feature 60,000 square feet of classrooms, laboratories and collaboration space. It is scheduled to be completed by December 2024. 
COURTESY SLAM COLLABORATIVE

PC poised to feed R.I.’s health worker pipeline

Rhode Island is about to get a new source of nurses and other health care professionals. Plans for Providence College’s new School of Nursing and...

RIHEBC awards $517K in grants to 7 nonprofits

PROVIDENCE – The R.I. Health and Educational Building Corp. has awarded $516,946 in grants to seven local nonprofit health, education and community services, the...

RIHEBC awards $483K for COVID-19 expenses

PROVIDENCE – The R.I. Health and Educational Building Corp. has awarded $483,054 in grants to 51 health, education and community service organizations to help...
KIMBERLY MOOERS has been appointed executive director of the R.I. Health and Educational Building Corp. She will begin her new role on Aug. 8. / COURTESY R.I. HEALTH AND EDUCATIONAL BUILDING CORP.

Mooers appointed executive director of R.I. Health and Educational Building Corp.

PROVIDENCE – The R.I. Health and Educational Building Corp. has appointed Kimberly Mooers executive director, the quasi-public municipal and nonprofit financing organization announced Wednesday. Mooers...
FITCH RATINGS DOWNGRADED Care New England's credit rating from a BBB- to a BB. / COURTESY CARE NEW ENGLAND

Fitch ratings downgrades CNE credit rating to BB

PROVIDENCE – Fitch Ratings Inc. downgraded Care New England’s credit rating from BBB- to BB for two bonds and the rating has been put...
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