Municipal Road and Bridge Revolving Fund

RI News
5:18 pm
Thu December 12, 2013

RIDOT: $29M In Transportation Projects Seek Funding

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

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.

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RI News
8:42 am
Wed July 3, 2013

Rhode Island's Highway System Among the Worst in the Country

Rhode Island's highway system was ranked the second worst in the country according to a new report.
Credit thisisbossi / Flickr

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.  The 20th annual Highway Report was published by the Reason Foundation, a Libertarian think tank.

Rhode Island’s roads and bridges are ranked 49th in the nation – with one being the best, according to the Reason Foundation.  Only Alaska has a worse highway system than the Ocean State, the group found.

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RI News
7:57 am
Fri March 22, 2013

Fund to Repair Roads and Create Jobs

Credit RIPR file

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.   It’s being sold as a way to jump start the state’s sluggish construction trade.

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