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PennVEST Approves $84 Million In Water Infrastructure Project Funding
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Gov. Tom Corbett Wednesday announced the investment of $84 million in 18 non-point source, drinking water, and wastewater projects in 14 counties by the PA Infrastructure Investment Authority.
“These investments approved by the PennVEST board will protect Pennsylvania residents from water-borne disease and improve the quality of our lakes and rivers,” Corbett said. “These investments not only protect our vital natural resources but also contribute to our economic recovery.”
Of the $84 million total, $69 million is for low-interest loans and $15 million is offered as grants.
The awards include a $15.25 million loan to upgrade a drinking water facility in Lancaster County that does not meet drinking water quality standards, as well as significant funding for other projects to prevent the discharge of sewage into waterways during wet weather.
The funding approved today comes from a combination of commonwealth funds approved by voter referenda, federal grants to PennVEST from the Environmental Protection agency and recycled loan repayments from previous PennVEST funding awards. Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PennVEST.
A list of projects funded is available online.
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10/31/2011 |
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