Programs

2025 Capital Grant Program

The Capital Grant Program proposes to assist eligible institutions in completing capital projects or making equipment purchases that are critical to advancing their missions.  Grant applicants must describe the project or equipment purchase, explain its necessity to their mission, describe the vendors or contractors who will be used, and provide a budget of the project or purchase. The budget must include other sources of funds, if any, needed to complete the project or purchase, and the status of receipt of those funds. All applications must be complete for consideration. The Board of Directors of the Rhode Island Health and Educational Building Corporation (RIHEBC) may award funds at its sole discretion.

Eligible applicants shall be:

  • Nonprofit organizations:
    • Private schools, K-12 or preschool programs
    • Colleges and universities
    • Performing arts centers
    • Healthcare organizations
    • Community health centers
    • Mental health treatment providers
    • Senior living facilities
  • Public schools, K-12, including regular school districts, regional school districts, and other local education agencies that participate in the school housing aid program.
  • Municipalities so long as the purpose of the capital project is specifically tailored for the betterment of public educational facilities or equipment.

Organizations who are unsure of their eligibility are encouraged to contact RIHEBC prior to completing an application.

The size of each grant will be based upon the project budget submitted by the grant applicant, but in no case will exceed $25,000. The Executive Director will present the RIHEBC Board of Directors with its Capital Grant Program recommendations and all grants will be subject to approval by the Board of Directors.

Additional requirements:

  • The proposed project must be shovel ready and grant proceeds must be spent within 2 years of the grant;
  • If a grant is unspent one year after the grant award, the grantee must submit a status report to the Board;
  • Applicants must be current on all required filings with the Rhode Island Secretary of State’s Business Regulation Office.

Capital Grant Proposed Timeline

Finance Committee Approval: April 18, 2025
Grant notice date: April 21, 2025
Deadline for submission of application: May 7, 2025
Grant recommendations from Executive Director: May 16, 2025
Board meeting to approve grant awards: May 21, 2025
Grant award notification date: May 23, 2025

Please complete the application no later than 4:00 p.m. on May 7, 2025.

If you have any questions, please contact Jenn Almeida, Program Manager, by phone (401) 831-3770 or email (jalmeida@rihebc.com).

RIHEBC reserves the right to request additional information from any applicant.

2025 Capital Grant Application

A complete application will consist of all components listed below. Applications that are missing any of the following information will not be considered.

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Part I:

Cover letter on applicant letterhead briefly summarizing the applicant’s organization and the project. The following statement MUST be included in your cover letter:

We, the undersigned, request that this application be submitted for review. We hereby certify that the information contained herein and the attachments hereto are to the best of our knowledge and belief accurate and descriptive of the project. We authorize the Rhode Island Health and Educational Building Corporation to undertake any actions necessary to determine eligibility for funding. We understand that the Corporation makes no commitment to provide funding and that such funding is conditional upon the approval of the Board of Directors of the Corporation and the execution of legally binding commitments acceptable to all parties.

The cover letter must be signed by the person completing the application and the Chief Executive Officer of the applicant (limit 1 page).
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Part II:

Proposal Narrative

We, the undersigned, request that this application be submitted for review. We hereby certify that the information contained herein and the attachments hereto are to the best of our knowledge and belief accurate and descriptive of the project. We authorize the Rhode Island Health and Educational Building Corporation to undertake any actions necessary to determine eligibility for funding. We understand that the Corporation makes no commitment to provide funding and that such funding is conditional upon the approval of the Board of Directors of the Corporation and the execution of legally binding commitments acceptable to all parties.

The cover letter must be signed by the person completing the application and the Chief Executive Officer of the applicant (limit 1 page).
Address of Applicant
Applicant Contact Name
Description of Applicant
A description of the capital project for which the grant will be used and its benefit to the community or region.
If applicable, please describe any community partners assisting the applicant with the project.
Click or drag files to this area to upload. You can upload up to 5 files.
Click or drag files to this area to upload. You can upload up to 5 files.
Part III:

Required Attachments

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Click or drag files to this area to upload. You can upload up to 5 files.
Click or drag files to this area to upload. You can upload up to 5 files.
Click or drag files to this area to upload. You can upload up to 5 files.
Click or drag files to this area to upload. You can upload up to 5 files.