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RIHEBC Launches Health & Education Loan Program (HELP) Targeting Rhode Island’s Smaller Non-Profit Organizations
PROVIDENCE, R.I. – The Rhode Island Health and Educational Building Corporation (RIHEBC) has launched a new lending program, the Health & Education Loan Program (HELP), specifically targeting Rhode Island’s small-to-mid-sized non-profits in the health, education, cultural, and social service sectors, that have experienced challenges obtaining traditional bank financing for capital projects. The HELP program is…
Read MoreRIHEBC Funds $73,000 Capital Grant to Thundermist Health Center for Sterilization Equipment at New West Warwick Dental Clinic
PROVIDENCE, R.I. – On March 3rd, the Rhode Island Health and Educational Building Corporation (RIHEBC) presented a ceremonial $73,643.32 Capital Grant Program check to Thundermist Health Center for sterilization equipment at their new West Warwick dental clinic. “RIHEBC is pleased to present this Capital Grant Program check to Thundermist Health Center’s new West Warwick dental clinic for…
Read MoreReport: RIHEBC Bonds Have Generated $2.4 Billion In Economic Impact and Supported 3,200 New Jobs Since 2016
PROVIDENCE, R.I. – A new report examining the economic impact of the Rhode Island Health and Educational Building Corporation’s (RIHEBC) bond financing activity since 2016 estimates that RIHEBC’s $1.5 billion in bond financing during that period generated a total economic impact of $2.4 billion and the creation of 3,200 jobs. “RIHEBC is very proud…
Read MoreRIHEBC’s 2022 Q4 Newsletter
To view our 2022 Q4 Newsletter, click here.
Read More“HELP” or Health and Education Loan Program
The goal of RIHEBC’s Health and Education Loan Program is to assist smaller eligible institutions with financing capital projects that are crucial to their missions. Details to follow.
Read MoreRIHEBC Awards $92,000 Capital Grant to Lucy’s Hearth for Shelter HVAC Repairs
PROVIDENCE, R.I. – On December 12th, the Rhode Island Health and Educational Building Corporation (RIHEBC) presented a ceremonial $92,647 Capital Grant Program check to Middletown’s Lucy’s Hearth to cover the cost of replacing HVAC units and related equipment providing heat and air conditioning for the shelter’s 15 family apartments, web server room, and staff rooms.…
Read MoreRIHEBC Closes On $3.1 Million Bond Issue To Finance Upgrades and Improvements to Upper School and Lower School Buildings For the Paul Cuffee School
PROVIDENCE, R.I. – On November 15th, the Rhode Island Health and Educational Building Corporation (RIHEBC) closed on a $3.1 million bond issue for the Paul Cuffee School, a Providence-based public charter school. Proceeds will be used for improvements to both the Upper School and Lower School for, among other projects, roof, mechanical systems, and cooling…
Read MoreRIHEBC Closes On $12.7 Million Bond Issue To Finance Blackstone Valley Prep Expansion & Facilities Upgrades
PROVIDENCE, R.I. – On October 26th, the Rhode Island Health and Educational Building Corporation (RIHEBC) closed on a $12,760,000 bond issue for Blackstone Valley Prep. Proceeds will be used for the purchase and renovation of an Upper Elementary School located at 3 Fairlawn Way in Lincoln, the purchase and renovation of a Junior High School…
Read MoreRIHEBC’s 2022 Q3 Newsletter
To view our 2022 Q3 Newsletter, click here.
Read MoreAn $85 million deal boosts schools in a Rhode Island town
By Thomas Nocera October 05, 2022, 4:06 p.m. EDT The recently closed $85 million of special obligation bonds the Rhode Island Health and Educational Building Corporation sold for the town of Johnston is the latest state-backed deal targeting the mounting infrastructure needs of the state’s public education system. The Series 2022 F bonds are rated…
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