Governor Charlie Baker
BOSTON – The Governor’s office has awarded $610 million in State Revolving Fund loans to assist 86 waste water and drinking water infrastructure projects across the commonwealth, with several of the projects located on the Cape and Islands.
The available 2% interest-rate loans will fund construction and planning projects designed to improve water quality, upgrade or replace aging drinking water and wastewater infrastructure and cut treatment plant energy use and costs.
“Water infrastructure projects supported through this fund help Massachusetts’ municipalities increase the availability of clean, reliable drinking water and modernize essential water infrastructure,” said Governor Charlie Baker.
“Our administration is committed to working with cities and towns across the Commonwealth to fortify water quality programs that protect our waters and public health.”
“The State Revolving Fund, administered by the Massachusetts Clean Water Trust, provides local cities and towns the funds they need to finance water infrastructure projects,” said Treasurer Goldberg, Chair of the Clean Water Trust.
“This is another example of the excellent work the Trust does saving our local communities money and protecting the health of the citizens and the environment.” The SRF is composed of two programs that have provided more than $7 billion to Massachusetts projects: the Clean Water Fund, first capitalized in 1989; and the Drinking Water Fund, which began operation in 1999.
The following projects will receive money from the loan fund:
BARNSTABLE – Maher Treatment Facility Upgrade $11,215,000 $11,215,000
HARWICH – Harwich Sewer Collection System
CHATHAM – Phase 1D – Chatham/Harwich Regionalization $7,100,000 $7,100,000
NANTUCKET – Surfside Road Area Sewer System Improvements $5,100,000 $5,100,000
NANTUCKET – Phase 2 Surfside WWTF Improvements $7,600,000 $7,600,000
MARTHA’S VINEYARD AIRPORT COMMISSION – Martha’s Vineyard Airport WWTF Upgrades $1,908,750 $1,908,750
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