PROVIDENCE, R.I. – On May 9th, the Rhode Island Health and Educational Building Corporation (RIHEBC) presented a ceremonial $97,912 Capital Grant Program check to Family Service of Rhode Island to cover costs related to repairing damage caused by a recent flood at the organization’s 55 Hope Street building in Providence.
“RIHEBC is proud to present this Capital Grant award to Family Service of Rhode Island for the repair of their Hope Street facility in Providence, which delivers critical services to area children and families,” said Kim Mooers, Executive Director of RIHEBC. “Our mission is to help our state’s health and educational organizations meet their facilities needs, and that’s exactly what this Capital Grant will allow Family Service of Rhode Island to do.”
“On behalf of Family Service of Rhode Island, I want to thank RIHEBC for this Capital Grant to help cover the cost of repairing our 55 Hope Street building, which recently sustained major flooding damage,” said Margaret Holland McDuff, CEO of Family Service of Rhode Island. “Thanks to this grant, we’ve been able to completely renovate and refurbish the building so that it can again serve children and families in our community.”
RIHEBC’s Capital Grant Program assists eligible institutions in completing capital projects or making equipment purchases that are critical to advancing their missions.
The R.I. Health and Educational Building Corporation for the past 50 years has provided financing for non-profit health and educational institutions in the state as well as municipalities for school projects. It has issued over $7 billion in tax exempt bonds and is the largest financing agency of the state. Web: rihebc.com – Twitter: @RIHEBC1