The following Policies and Procedures of Rhode Island Infrastructure Bank (the "Bank") have been established to govern the provision of financial assistance from the Municipal Infrastructure Grant Program ("MIG") to applicants for municipal infrastructure improvement projects. Grants from the MIG will help to assist Rhode Island's cities and towns to advance projects that support job creation and expansion, housing development and rehabilitation, and community development projects. Projects should be targeted to areas or districts that municipalities have determined are best suited to efficiently accommodate future growth and redevelopment, with a focus on previously developed areas with some level of existing or planned infrastructure.
830 R.I. Code R. 830-RICR-10-30-1.1