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Rhode Island Community Food Bank 30th Anniversary Video

A video commemorating the Rhode Island Community Food Bank's 30th Anniversary. Includes a look at the work and logistics involved in supplying ...

R.I.s Inaugural Gala: Hundreds hobnob with governor, VIPs at glitzy gathering | Video

PROVIDENCE — The marble exterior of the State House was lit in red, white and blue. Inside, the sweet sounds of the band Malloi filled the rotunda, library, State Room and corridors on two floors as a crowd said to number about 1,000 honored Rhode Island’s general officers at Saturday evening’s Inaugural Gala.

The invitation-only, black-tie-optional ball capped a day of celebration that included an open house and “Taste of Rhode Island” public event at the State House, sponsored by EatDrinkRI. Rain forced the cancellation of a free family skating session at the Alex and Ani City Center.

Gov. Gina Raimondo, who began her second term after being sworn in last week, presided throughout.

“It’s a great event, it’s exciting,” she told The Journal shortly after arriving for the inaugural ball. “I’m excited for a new term. Happy New Year to everyone. I think 2019 is going to be a good year.

Rhode Island Infrastructure Bank sells first green bonds

&Quot;As an organization we've been issuing green bonds for 25 years. We just didn't know it," Diehl said in an interview. "The label wasn't around. It's [now] a unique asset class and we felt it was time for us."

The bank in late November closed its $18.3 million Efficient Buildings Fund bond, which received S&P Global Ratings' AA rating. The bond received the highest green rating of E1 through an independent third party evaluation by S&P.

The issuance "will help broaden Rhode Island’s investor base,” said General Treasurer Seth Magaziner, a bank board member.

RIIB evolved from an initiative in 2015 by Gov. Gina Raimondo and Magaziner to rebrand and expand the role of the triple-A rated Rhode Island Clean Water Finance Agency.

"This really led to the expansion of our mandate," Diehl said.

Overall, the bank has provided nearly $32 million in loans to 12 municipalities across the state.

The Efficient Buildings Fund provides below-market interest rate loans to municipalities, school districts and quasi-state entities to invest in clean energy projects.

Do you have to pay the bank in Rhode Island when a property is foreclosed and sold by the bank at lower price?

Like many other people, it's been hard to make ends meet and stay on top of my mortgage. I want to know if Rhode Island law allows the bank to come after me for whatever the difference is from what they sell it for.


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