Posts by RIHEBC

In 1999, we closed on a $20 million bond to finance renovations to the University of Rhode Island’s Barlow and Weldin residence halls. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2011, we closed on a $41.9 million bond to finance construction of the 138,000 sq ft, 156 resident Tockwotton On The Waterfront senior care facility in East Providence. At RIHEBC, we’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions. “Tockwotton…

Three quarters of a percentage point doesn’t sound like much until it is applied to millions of dollars and a 20-year repayment schedule. In his five-year forecast issued in July, City Finance Director Peder Schaefer applied a 4.5% interest rate on school bonds including the $350 million bond to build new Pilgrim and Toll Gate…

On August 29th we had the opportunity to tour Bryant University and their new College of Business building, one of several campus projects financed via a recent $132 million bond issue. Since 1973, RIHEBC is proud to have provided Bryant with over $520 million in bond financing to build out their Smithfield campus and to…

For Immediate Release: July 23, 2024 PROVIDENCE, RI – The Rhode Island Health and Educational Building Corporation (RIHEBC) has announced that it closed on 12 bond financings and refinancings totaling more than $830 million in FY 2024. “RIHEBC had a big impact in FY 2024, providing more than $830 million in bond financings,” said Dylan Zelazo, Executive…

Our latest RIHEBC Update is out with a message from our Executive Director Dylan Zelazo, news about our big impact in FY 2024, Rhode Trip project site visits across the state, and more!

On June 20th, we had the opportunity to tour construction of Providence College’s new School of Nursing & Health Sciences building. RIHEBC is proud to assist Providence College in making this project and Shanley Hall, a new 360-bed residence hall, a reality via $112,345,000 in bond financing. Since 1973, RIHEBC has provided more than $300…

Today, we had the opportunity to tour the construction site of Pawtucket’s new Baldwin Elementary School, a $70 million project that will welcome students in fall 2025. Pawtucket has been a leader in renovating and building new school facilities ready for 21st century learning. RIHEBC has been proud to support this work via $219,775,000 in…