Rhode Island Public Radio is working on a three-way lease swap. WRNI currently broadcasts on 1290 AM in Providence and 102.7 FM in Southern Rhode Island. The 10-year lease would allow its news-talk WRNI AM to broadcast on Wheeler High School’s WELH 88.1 FM, and the NPR member station would lease its 1290 AM signal to Latino Public Radio, which currently leases 5 a.m. to noon on WELH. Joe O’Connor, RIPR g.m., says he hopes the switch, which will allow the station to reach tens of thousands of new listeners, can be made by Oct. 1. RIPR would pay $75,000 dollars a year for 88.1 FM as well as three percent of any additional revenues. Latino Public Radio would lease 1290 AM at cost.