NY to fund water projects with $1.3B in loans


Make text smaller Make text larger



Photos




ALBANY, N.Y. — New York's Environmental Facilities Corp. says it plans to provide $1.3 billion in low-cost financing this fiscal year for more than 100 wastewater and drinking water projects through its Clean Water State Revolving Loan Fund.

According to the EFC, a new business model for immediately financing shovel-ready projects permits more municipalities to get infrastructure loans and subsidized interest rates as low as zero percent.

The 2014 projects include up to 17 in western New York officials say are ready to proceed.

The EFC board on May 1 approved $13 million in loans for Tonawanda aimed at stopping sanitary sewer overflows.

Make text smaller Make text larger

Comments

Pool Rules



MUST READ NEWS

Chabad offers grand Superhero Purim Party on Feb. 28
— Chabad of Orange County, led by Rabbi Pesach and Chana Burston, invites the community to a grand Superhero Purim Party. The event,...
Read more »
Image

Protest and vigil planned in response to assault rifle celebration
— A local group is planning a virtual protest and vigil in response to a four-day festival in Pike County, Pa., celebrating...
Read more »
Image

Curiosity about shared ancestor has cousins delving into history
By Ginny Privitar
— Julie Boyd Cole had always been interested in the story of her ancestor, Sarah Wells Bull Miller. With the...

Read more »
Image

A family takes root in the wilderness
By Ginny Privitar
— A treasure trove of notes reveals how Sarah Wells really felt about her early years in the...

Read more »
Image

VIDEOS



* indicates required
Community Newspapers


MOST READ

Letters to the Editor
Hazardous-to-health CPV plant must shut down
  • Feb 21, 2018
Local News
A family takes root in the wilderness
  • Feb 22, 2018

MOST COMMENTED



Find more about Weather in Chester, NY