Municipal Road and Bridge Revolving Fund en RIDOT: $29M In Transportation Projects Seek Funding <p>The public has a chance to weigh in Friday on a slate of proposed transportation projects that will be paid for out of a new fund</p><p>The new fund helps cities and towns access low-interest loans for road construction projects. It’s modeled after the state’s Clean Water Finance Authority, which over the past 15 years has loaned out $1 billion for municipal sewage treatment projects. In fact, the Clean Water Finance Authority will administer this new transportation fund.</p> Thu, 12 Dec 2013 22:18:19 +0000 Catherine Welch 26197 at Rhode Island's Highway System Among the Worst in the Country <p>Rhode Island has one of the highest rates of spending per mile on its roads and bridges. Yet a new report says our highway system is the second worst in the country.&nbsp; The 20<sup>th</sup> annual Highway Report was published by the Reason Foundation, a Libertarian think tank.</p><p></p><p>Rhode Island’s roads and bridges are ranked 49<sup>th</sup> in the nation – with one being the best, according to the Reason Foundation.&nbsp; Only Alaska has a worse highway system than the Ocean State, the group found.</p> Wed, 03 Jul 2013 12:42:14 +0000 Flo Jonic 17827 at Rhode Island's Highway System Among the Worst in the Country Fund to Repair Roads and Create Jobs <p>Rhode Island cities and towns would have access to low-interest loans for road and bridge repairs under a bill unveiled Thursday by House Speaker Gordon Fox and state Treasurer Gina Raimondo.&nbsp;&nbsp; It’s being sold as a way to jump start the state’s sluggish construction trade.</p><p></p> Fri, 22 Mar 2013 11:57:14 +0000 Flo Jonic 12374 at Fund to Repair Roads and Create Jobs