Welcome! Login | Register
 

RI Pension System’s Top 20 Highest Paid Investment Managers—See which investment firms are paid the highest…

NEW: Rhode Island Unemployment Rate Falls Again for February—The RI Department of Labor and Training announced…

Carol Anne Costa: Thanks Mika!—In the words of Mika Brzezinski, “Every day…

Sex Trafficking Bill Passes Committee, Moves to House for Vote—The House Judiciary Committee has heard and passed…

The Rolling Stones’ Lisa Fischer Coming to Park Theatre—You may not recognize her name, but you’ve…

Providence Police to Host Fundraiser Benefitting Kids With Cancer—Providence Police will be hosting a Fundraiser on…

Woonsocket’s Connecting For Children and Families Kick Off $1.2M Fundraiser—Connecting for Children and Families is moving into…

5 Ways to Watch the Sweet 16 with No Local Team to Root For—There are only 16 teams remaining in the…

Leather Storrs: Why You Should Stop Buying Salad Dressing—Leather Storrs: Why You Should Stop Buying Salad…

Riley: Negative Return on Fiscal Year 2015—In early March after reading the most recent…

 
 

NEW: Central Falls Gets $10M Loan from Bill and Melinda Gates

Wednesday, March 06, 2013

 

The Central Falls School District announced yesterday it had received a $10 million loan from the Bill and Melinda Gates Foundation.

One of Rhode Island’s most cash-strapped communities is getting a little help for its school system

Central Falls announced yesterday that it has received a $10 million low-cost loan from the Bill and Melinda Gates Foundation to help pay for an increase in the number of seats in five of the district’s high-performing charter schools.

The money, which will be used to provide low and no-interest loans, may ultimately lead to a number of other loans for projects at anywhere from five to seven schools.

Central Falls Mayor James Diossa said the news was welcomed by the struggling city.
 

 

Enjoy this post? Share it with others.

 
 
:)