Impact

Over the past two years, RIHEBC has closed on more than $2 billion in bond financings and commercial paper. Since our founding in 1966, we have provided $13 billion in tax exempt bond financing for facilities projects across the state. RIHEBC is the largest financing agency of the State of Rhode Island.

In 2023, we commissioned an economic impact report for fiscal years 2016 – 2022, which found that RIHEBC:

  • Provided over $1.5 billion in financing for new projects creating 3,200 jobs and $2.4 billion in total economic activity.
  • Generated $53 million in state tax revenue, $52.6 million in local tax revenue, and $226 million in federal tax revenue.

Click here for a copy of the full RIHEBC economic impact report.

 

North Hall, Rhode Island School of Design, Providence
North Hall, Rhode Island School of Design, Providence

Interactive Map

Explore the interactive map to view detailed financing statistics across the state. Select any point to see funding totals, project categories, and other data specific to that area. If you’d like more details or have questions about a particular project or community, please contact our team for additional information. Or whatever intro text you'd like to place...