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2026 Capital Grant Program is a grant from the Rhode Island Health and Educational Building Corporation that funds capital projects and equipment purchases critical to the missions of eligible Rhode Island institutions. Applicants must describe the project or equipment, explain how it advances their mission, identify vendors or contractors, and provide a complete budget including other funding sources.
Grants of up to $25,000 are available. Eligible applicants include nonprofit private schools, public schools (K-12/preschool), colleges, universities, performing arts centers, healthcare organizations, and municipalities in Rhode Island.
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Nonprofit Organization Bonds Overview & Self Evaluation Nonprofit Organization Bonds Overview & Self Evaluation 2026 Capital Grant Program - Coming Soon The Capital Grant Program proposes to assist eligible institutions in completing capital projects or making equipment purchases that are critical to advancing their missions.
Grant applicants must describe the project or equipment purchase, explain its necessity to their mission, describe the vendors or contractors who will be used, and provide a budget of the project or purchase. The budget must include other sources of funds, if any, needed to complete the project or purchase, and the status of receipt of those funds. All applications must be complete for consideration.
The Board of Directors of the Rhode Island Health and Educational Building Corporation (RIHEBC) may award funds at its sole discretion.
Eligible applicants shall be: Private schools, K-12 or preschool programs Colleges and universities Mental health treatment providers Public schools, K-12, including regular school districts, regional school districts, and other local education agencies that participate in the school housing aid program.
Municipalities so long as the purpose of the capital project is specifically tailored for the betterment of public educational facilities or equipment. Organizations who are unsure of their eligibility are encouraged to contact RIHEBC prior to completing an application. The size of each grant will be based upon the project budget submitted by the grant applicant, but in no case will exceed $25,000.
The Executive Director will present the RIHEBC Board of Directors with its Capital Grant Program recommendations and all grants will be subject to approval by the Board of Directors.
The proposed project must be shovel ready and grant proceeds must be spent within 2 years of the grant; If a grant is unspent one year after the grant award, the grantee must submit a status report to the Board; Applicants must be current on all required filings with the Rhode Island Secretary of State’s Business Regulation Office. RIHEBC reserves the right to request additional information from any applicant.
If you have any questions, please contact Jenn Almeida, Program Manager, by phone (401) 831-3770 or email ( jalmeida@rihebc. com ). We provide low-cost financing to Rhode Island’s private and public educational, health care, and nonprofit institutions for facilities construction and renovation.
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According to the current listing, eligibility includes: Nonprofit private schools, public schools (K-12/preschool), colleges, universities, performing arts centers, healthcare organizations, and municipalities in Rhode Island for capital projects or equipment purchases. Confirm the full requirements in the official notice before applying.
The current listing shows $25,000 maximum. Verify award ceilings, matching requirements, and allowable costs in the official notice.
2026 Capital Grant Program is funded by Rhode Island Health and Educational Building Corporation. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Rhode Island. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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