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What is Providence proposing?
The city of Providence is focused on developing a financing plan for the implementation and ongoing maintenance costs of a regional stormwater utility. As an older industrial city, Providence and its neighboring jurisdictions have major combined sewage overflow challenges. As the city’s new administration embarks on creating its first comprehensive capital plan, they are looking to the City Accelerator to expose them to different funding opportunities and innovative ways to structure debt, public-private partnerships, and federal funding streams to ensure they can address the region’s growing wastewater needs over the long-term without solely relying upon city residents for whom increased rates will be a burden. If selected, the lessons learned from their participation in this cohort would set the stage for infrastructure planning and budgeting for all future projects identified in the city’s capital plan.
VIEW OTHER CITY PITCHES
A detailed description of the mission and purpose of the City Accelerator’s cohort on funding public infrastructure.
Public response is one of several criteria being used by the City Accelerator to select cohort cities. The number of ratings or comments by themselves do not determine final status or selection
