PennVEST OKs $87 Million In Water Infrastructure Project Funding
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The PA Infrastructure Investment Authority Wednesday approved the investment of $87 million in 18 non-point source, drinking water, and wastewater projects in 18 counties. “The projects funded at today’s PennVEST meeting will bring both environmental improvements and much needed new jobs to areas all across our state,” Corbett said. “This funding is an investment in the future health of our citizens and our economy, both of which are of critical importance to me and my administration.” Of the $87 million total, $77 million is for low-interest loans and $10 million is offered as grants. The awards range from a $131,000 grant to eliminate nutrient discharges from a stream in Lancaster County and, ultimately, the Chesapeake Bay to a $17.7 million loan/grant combination for a project in Lycoming County to eliminate the discharge of waste from on-lot septic systems into publicly accessible areas. The funding comes from a combination of state funds approved by voters, 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. NewsClips: Water Utilities To Share In $87 Million In Awards Pittsburgh Sewer Upgrades Could Cost $200 Million+ |
7/23/2012 |
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