Building Rhode Island’s Future

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Who We Serve

Healthcare

Health Care
Organizations

Education

Educational
Organizations

Non-Profit

Other Nonprofit
Organizations

Featured Projects

Case Study: $100 Million In RIHEBC Bond Financing Helps RISD Invest In Campus Facilities

Since our first issue on their behalf in 1985, we’ve provided more than $100 million in bond financing to the Rhode Island School of Design for new building and facilities upgrade projects across their Providence campus. We’re proud to provide…

Case Study: $37 Million In Bond Financing Allows Meeting Street To Build Out Their Providence Campus

In 2005 we closed on a $17 million bond to finance the construction of Meeting Street’s 76,000 sq ft Providence campus. And in 2017 we closed on $20 million in bonds to finance a 33,000 sq ft campus addition. We’re…

Case Study: $100 Million In RIHEBC Bond Financing Allows New England Tech To Build Out Their Campus

Since 2010 we’ve provided New England Institute of Technology with $100 million in bond financing to build out their East Greenwich campus, including academic classroom space and a new student dorm. We’re proud to provide financing to Rhode Island’s health…

Our Impact

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Total Bond Financing

Number of Projects

Explore the interactive map to view detailed financing statistics across the state.

Latest News

$25,000 Capital Grant Allows Central Falls Children’s Foundation To Purchase Pediatric Testing Equipment

June 2, 2026

The Central Falls Children’s Foundation (CFCF) provides pediatric clinic services including baby weight monitoring, childhood lead testing, obesity screenings, and positive nutrition programs for teens. Using a $25,000 award from our Capital Grant Program, CFCF purchased a new baby scale and new fingerstick testing kits for real time lead poisoning, lipid, and A1c screenings. Here’s a message from CFCF Executive Director Beata Nelken, MD on…

$25,000 Capital Grant Program Award Allows Substance Use and Mental Health Leadership Council of RI To Provide Additional Training Opportunities

June 1, 2026

The Substance Use and Mental Health Leadership Council of Rhode Island provides trainings and continuing education programs for our state’s mental health workforce. Using a $25,000 award from our Capital Grant Program, the organization has been able to offer additional high quality training opportunities. We’re proud to help Rhode Island’s health, educational, and nonprofit institutions meet their facilities needs and their missions.

$25,000 Capital Grant Allows Justice Assistance Health & Wellness To Purchase New Medical And Therapeutic Equipment

May 28, 2026

Justice Assistance Health & Wellness provides primary care, behavioral health counseling, substance use disorder counseling, and wellness services for individuals involved in the justice system. Using a $25,000 award from our Capital Grant Program they recently purchased new medical and therapeutic equipment for their clinic. We’re proud to help Rhode Island health and educational organizations meet their facilities needs and their missions.

$25,000 Capital Grant Allows Father John V. Doyle School To Upgrade Gymnasium

May 22, 2026

Today we visited Father John V. Doyle School in Coventry. Using a $25,000 award from our Capital Grant Program, the school upgraded their gymnasium by removing a low-hanging drop ceiling that was creating a safety hazard. Here’s a great summary from the project completion report: 𝘛𝘩𝘦 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘨𝘺𝘮𝘯𝘢𝘴𝘪𝘶𝘮 𝘳𝘦𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘱𝘳𝘰𝘫𝘦𝘤𝘵 𝘮𝘢𝘳𝘬𝘴 𝘢 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘢𝘥𝘷𝘢𝘯𝘤𝘦𝘮𝘦𝘯𝘵 𝘪𝘯 𝘰𝘶𝘳 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯’𝘴 𝘮𝘪𝘴𝘴𝘪𝘰𝘯. 𝘉𝘺 𝘱𝘳𝘰𝘷𝘪𝘥𝘪𝘯𝘨 𝘢 𝘴𝘢𝘧𝘦…

$25,000 Capital Grant Program Award Allows Saint Elizabeth Home To Replace Failed Laundry Exhaust Fan

May 15, 2026

We recently visited the Saint Elizabeth Community skilled nursing and rehabilitation center in East Greenwich. Thanks to a $25,000 award from our Capital Grant Program, Saint Elizabeth Home was able to replace a failed laundry exhaust fan. Here is a wonderful note from the facility on the project’s impact: 𝘛𝘩𝘰𝘶𝘨𝘩 𝘵𝘩𝘦 𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘴 𝘵𝘩𝘦𝘮𝘴𝘦𝘭𝘷𝘦𝘴 𝘮𝘢𝘺 𝘯𝘰𝘵 𝘴𝘦𝘦 𝘵𝘩𝘪𝘴 𝘣𝘦𝘩𝘪𝘯𝘥-𝘵𝘩𝘦-𝘴𝘤𝘦𝘯𝘦𝘴 𝘦𝘧𝘧𝘰𝘳𝘵, 𝘪𝘵𝘴 𝘪𝘮𝘱𝘢𝘤𝘵 𝘪𝘴 𝘧𝘦𝘭𝘵 𝘥𝘢𝘪𝘭𝘺. 𝘛𝘩𝘦…

RIHEBC Capital Grant Allows Loft At Linn Memory Care Assisted Living To Install Security Cameras

May 1, 2026

We recently provided a Capital Grant Program award to the The Loft at Linn Memory Care Assisted Living in East Providence for the installation of new security cameras. Here’s nice note from the facility on the impact of the grant and the newly installed cameras: “Thank you for the grant funding in the amount of $16,957.22. Without your support, we would still be seeking funding…

Central Falls Cuts Ribbon On New Central Falls High School

March 30, 2026

Today we joined Mayor Maria Rivera, Governor Dan McKee, elected leaders, families, students, parents, and community members to cut the ribbon on the City Of Central Falls’ beautiful new high school! RIHEBC is proud to have provided $93.5 million in tax-exempt bond financing to make this project a reality. Since 2015, RIHEBC has provided more than $2.5 billion in bond financings for public school construction…

RIHEBC Announces $1 Million 2026 Capital Grant Program Application Window

March 16, 2026

RIHEBC is pleased to announce the opening of the 2026 application window for our $1,000,000 Capital Grant Program to assist eligible institutions to complete capital projects or make equipment purchases that are critical to advancing their missions. The program is designed to be flexible, and we encourage Rhode Island’s health, educational, and nonprofit organizations to apply for these competitive grants. Grant size will be need-based…

RIHEBC Closes $101 Million Centurion/CharterCARE Bond Transaction To Keep Roger Williams Medical Center And Our Lady Of Fatima Hospitals Open And Operating

March 6, 2026

RIHEBC is pleased to announce that we have closed a $101 million bond transaction providing Roger Williams Medical Center and Our Lady of Fatima Hospitals with the operating capital they need to remain open and serving Rhode Islanders. We’re proud to help Rhode Island’s health & educational organizations meet their facilities needs and their missions.

RIHEBC Closes On $139 Million Bond to Finance Construction of New Pilgrim & Toll Gate High Schools

January 29, 2026

The Rhode Island Health and Educational Building Corporation (RIHEBC), the state’s largest provider of bond financing for health and educational institutions, has closed on a $139,580,000 bond issue for the City of Warwick. Proceeds will be used to finance the construction of the new Pilgrim and Toll Gate High Schools. The 25-year Series 2025 Bonds achieved an all-in interest rate of 4.325% and were rated AA-…