Taveras rolls out plan to fix infrastructure - News, Weather and Classifieds for Southern New England

Taveras rolls out plan to fix infrastructure

Posted: Updated:
Angel Taveras Angel Taveras

Gubernatorial candidate and Providence Mayor Angel Taveras has announced a plan to address the state's aging infrastructure.

Taveras said Wednesday he would create an Infrastructure Trust to provide low- or no-interest loans to Rhode Island municipalities for road and bridge repairs. It would be funded through a $100 million bond and $40 million a year from the state found through "budget discipline." He said it would fund $800 million in projects over 15 years.

The mayor also said he would encourage public-private partnerships to rebuild infrastructure. He says investing in road, bridge, school and municipal building repairs will put people back to work.

Treasurer Gina Raimondo has proposed a similar infrastructure bank.

Taveras is running against Raimondo, political newcomer Clay Pell, and Todd Giroux in the September primary.

Powered by WorldNow

23 Kenney Drive
Cranston, R.I., 02920

Telephone: 401.455.9100
Fax: 401.455.9140
Email: news@wjar.com

Can't find something?

NBC 10 Outerwear Provided by:

NBC 10 Media Relations
Provided by:

Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.