New York State approves $3.4M for wastewater infrastructure
New York State officials have announced $40.3 million in financial assistance for water infrastructure improvement projects across the state, including $3.4 million for wastewater infrastructure.
N.Y.’s Approved Financing
The state’s Environmental Facilities Corporation (EFC) Board of Directors approved low-cost financing and previously announced grants, authorizing municipal access to the capital needed to get shovels in the ground for these drinking water and sewer projects.
The state’s approvals include financings through the Clean Water State Revolving Fund and Drinking Water State Revolving Fund, and grants already announced pursuant to the Water Infrastructure Improvement program. Funding for water infrastructure from the federal Bipartisan Infrastructure Law is administered by EFC through the State Revolving Fund programs.
Clean Water Project Funding Approved
Albany Municipal Water Finance Authority - $725,000 WIIA grant for sanitary sewer system upgrades to mitigate combined sewer overflows in the City of Albany.
Town of Gorham in Ontario County - $135,825 short-term interest-free financing, $673,625 short-term market-rate financing and $90,550 WIIA grant for the planning, design and construction of an effluent disinfection system at the town's wastewater treatment facility.
Town of Harrison in Westchester County - $1,750,000 WIIA grant to survey and rehabilitate the town's wastewater collection system to eliminate sanitary sewer overflows to Long Island Sound.