Investor Presentaiton

Clean Water State Revolving Fund (CWSRF) Rhode Island Infrastructure Bank RHODE ISLAND INFRASTRUCTURE BANK Funding Amounts: No set cap Loans with up to 30-year repayment period set at interest 1/3 below market rate Applicant must first apply to DEM to be placed on PPL which opens each spring*. Then they can apply to RIIB for financing. * deadline to submit PPL application to RIDEM is April 5, 2024 Clean Water State Revolving Fund PROJECT TYPES • Funds wastewater, stormwater collection, treatment facilities; nonpoint source pollution management, etc. • Can fund planning, design, engineering, & construction for clean water eligible project types • Funding for public entities, local governments, water authorities/districts ⚫ Communities may be eligible for partial forgiveness depending upon determined community need PROGRAM PRIORITIES • Long-term financing solutions for water pollution abatement projects Ability/amount of water contamination which can be mitigated determines application favorability ⚫ Subject to credit/financials review, positive recommendation and Board approval • Example: NBC CSO Project, Providence Woonasquatucket River

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