The Rhode Island Clean Water Finance Agency will have its first new leader in the 19 years.
The Clean Water Finance Agency is essentially a loan agency. It’s a revolving fund that awards low interest loans to help municipalities improve their sewer and drinking water systems. For the last 19 years, its Executive Director has been Anthony Simeone. During his tenure, he grew the agency’s assets from $102 million to $1.3 billion dollars. But he said it’s time to go.