RIHEBC Announces $1 Million 2026 Capital Grant Program Application Window

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…

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

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.

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

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…

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RIHEBC Capital Grant Allows Blackstone Valley Prep Academy To Furnish 10 New Classrooms

This morning, we had the opportunity to tour Blackstone Valley Prep Mayoral Academy’s new PRYDE Campus in Pawtucket. With the help of a $25,000 RIHEBC Capital Grant Program award, the school was able to purchase furniture for 10 new classrooms. We’re proud to help Rhode Island’s health, educational, and nonprofit community organizations meet their facilities…

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Education infrastructure investment as an economic catalyst and pathway to a stronger business climate – by Gaetan Kashala and Dylan Zelazo

Check out this powerful commentary in the New England Real Estate Journal by Pawtucket Foundation Executive Director Gaetan Kashala and our own Executive Director Dylan Zelazo about the economic and community impact of investing in our public schools. “The caliber of a community’s educational infrastructure is one of the most powerful indicators of its long-term…

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