Tuesday, July 22, 2014

PennVEST Invests $81.5 Million In Water Infrastructure Projects In 11 Counties

Gov. Tom Corbett Tuesday announced the investment of $81.5 million in 14 non-point source, drinking water and wastewater projects across 11 counties through the Pennsylvania Infrastructure Investment Authority.
“Through the PennVEST program and its Board of Directors, we continue to make investments in water-related infrastructure improvements that protect public health, clean the environment and enhance Pennsylvania’s economic climate,” Gov. Corbett said. “Furthering these goals will continue to be of the highest priority to me and will continue to shape the focus of this program.”
Of the $81.5 million, $66.5 million is for low-interest loans and $15 million is offered as grants.
The awards range from a $100,000 grant to eliminate nutrient run-off from a farm in Cambria County in order to help with restoring the Chesapeake Bay, to a $13,785,287 loan to a community in Northumberland County to eliminate discharges of raw sewage into the Susquehanna River that occur during heavy rains.
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.

Subscribe To Receive Updates:

Enter your email address:

Delivered by FeedBurner