Investor Presentaiton

Municipal Resilience Action Grant Program Rhode Island Infrastructure Bank RHODE ISLAND INFRASTRUCTURE BANK $19.5 million in action grants allocated to date 48 total projects funded 25% required match RFP for $4 million in MRP action grants funds to be released in April, 2024 MRP Program Information PROJECT TYPES Green stormwater infrastructure, coastal and riparian resiliency, road elevation, floodproofing or elevation of pump stations, berms and levies, culvert resizing, energy infrastructure resiliency watershed restoration, and urban tree planting, etc. • Funding for planning/design, outreach, modeling, permitting, and construction Projects which are shovel- ready shall receive priority PROGRAM PRIORITIES Supports resilience related infrastructure projects: improve community resiliency and strengthen public safety Project must involve the removal, relocation or redesign of Infrastructure OR incorporate Nature- Based Solutions ⚫ For RI municipalities that have completed community resilience workshops (MRP 2.0 coming) • Example: Pawtucket parklets & Newport shoreline

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