$72 Million in Water Infrastructure Loans/Grants Announced
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The Pennsylvania Infrastructure Investment Authority this week approved $72 million in low-interest loans and grants for 19 brownfields, drinking water, wastewater and storm water projects in 15 counties. Most of the money approved, $64 million, is for low-interest loans. Combined with $8 million in grants, PennVEST will fund 19 clean water projects. The awards range from a $356,081 loan and grant for an innovative and cost-effective wastewater management system to serve a community in Tioga County to an $11 million loan to help fund a brownfield remediation project in Philadelphia that will facilitate the development of a world-class food distribution center and create 300 new jobs. A list of approved projects is available online. Links: Coalition Proposes Pennsylvania Fair Share for Clean Water Funding Plan |
4/18/2008 |
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