Pa. to Invest $94 M in Water Infrastructure
Gov. Edward G. Rendell on Jan. 26 announced the investment of $94 million in 22 clean water projects in 20 counties. The PENNVEST board of directors approved $75 million in low-interest loans and $19 million in grants at its quarterly meeting.
"The critically needed water projects approved today will help Pennsylvania meet its public health and environmental challenges while creating construction jobs and permanent jobs in all corners of the state," said Rendell. "Funding for these projects is another positive step to improve the environment and economic well-being of our communities and residents."
The awards range from a $125,000 loan to replace deteriorated drinking water distribution lines in a community in Crawford County to a $17.5 million loan and grant combination to build a new wastewater treatment plant that will eliminate wet weather discharges of raw sewage into a stream in Wayne County.
Funds for the projects are disbursed after bills for work are paid and the receipts are submitted to PENNVEST for reimbursement.
For more information about PENNVEST, visit www.pennvest.state.pa.us.