RIHEBC Closes On $337 Million In Bonds & Commercial Paper In First Half Of 2025

We've had a busy first half of the year closing on $137 million in bond financings for public school and higher education facilities projects, and $200 million in commercial paper for capital projects at Brown University.

Town of East Greenwich

June 26, 2025

$76,150,000

New Construction

Construction, renovation, rehabilitation, repair, improvements, furnishing and equipping of and/or additions to schools and school facilities in the Town of East Greenwich.

Salve Regina University

May 15, 2025

$36,000,000

New Construction



Construction of a new dormitory; construction of a student events pavilion; renovation of 2 existing buildings to create additional residence spaces.

Brown University

February 14, 2025

$200,000,000

Commercial Paper Program

Capital Projects

Town of Lincoln

January 29, 2025

$25,000,000

Capital Improvements

Construction, renovation, rehabilitation, repair, improvements, furnishing and equipping of and/or additions to schools and school facilities, including but not limited to, the renovation of the Town's 4 elementary schools.

Providence Business News 5 Questions With Dylan Zelazo

The June 20th edition of the Providence Business News featured a 5 Questions segment with RIHEBC Executive Director Dylan Zelazo. Click here to read the full story.

RIHEBC Awards $1 Million in Capital Grants to 43 Local Health, Education, and Community Service Organizations

Our state’s nonprofit health, education, and community service organizations need to continually invest in their equipment and facilities, and that’s why RIHEBC created our Capital Grant Program. In June, we were pleased to announce the awarding of $1 million to 43 grant recipients across the state. From funding for medical equipment, to classroom technology, to building repairs, to ADA accessibility improvements, and security upgrades, these grants will allow recipients to meet their missions and continue to provide the health and education services Rhode Islanders depend on.

Click here to read our full 2025 Capital Grants press release.

RIHEBC In The News

Grant will help STEM lab at Melrose, Jamestown Press

Newport County organizations receive RIHEBC grants, Newport Daily News

RIHEBC awards $1 million in capital grants to local health, education, and community service organizations, Valley Breeze

Six Newport County organizations awarded $139,500 in state capital grants, What's Up Newp

State awards Richmond Elementary $25,000 for new playground, Westerly Sun

Five Questions With: Dylan Zelazo, Providence Business News