28
      Wednesday
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      Thursday
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      Friday
      25 / 12

      Taveras rolls out plan to fix infrastructure

      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.

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