An $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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RIHEBC Closes On $87.2 Million Bond Issue To Finance Brown University Construction & Renovation Projects

PROVIDENCE, R.I. – On July 27th, the Rhode Island Health and Educational Building Corporation (RIHEBC) closed on a $87.2 million bond issue for Brown University. Proceeds will be used by Brown for: ·        Construction of Brown’s new Brook Street Residence Hall, a 125,000 square foot facility located at 250 and 259 Brook Street, which ‎is…

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Rhode Trip Stop #3 – Pawtucket Elementary Schools

As part of our “Rhode Trip” to visit projects across Rhode Island that have benefitted from RIHEBC bond financing, today we toured Potter-Burns & Nathaniel Greene elementary schools in Pawtucket – two beautifully renovated school buildings, financed via RIHEBC bonds.

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Rhode Trip Stop #1 – City of Newport

Rhode Trip to City of Newport! Groundbreaking ceremony for the NEW Rogers High School financed by RIHEBC bonds, and a celebratory lunch with the City’s Director of Finance and Bond Counsel (Locke Lord LLP). Who’s who in the pics?!

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RIHEBC is pleased to award a $20,000 Capital Grant to AccessPoint RI in Cranston for the purchase and installation of emergency generators in two group homes for adults with developmental disabilities.

RIHEBC has announced $1,050,900 in Capital Grant Program awards to 12 local health, education, and community service organizations to assist in the completion of capital projects or equipment purchases critical to advancing their missions. (Full list of grant recipients below.) “Rhode Island’s not-for-profit health, education, and community service organizations need to continually invest in their…

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