State Awards $127 Million For Local Water Projects |
Local Government |
By Administrator |
Tuesday, 16 August 2016 16:21 |
The North Carolina Department of Environmental Quality has awarded $127 million in loans and grants today that will help North Carolina towns pay for 70 drinking water and wastewater infrastructure projects. Since January 2014, the state has provided more than $695 million for similar projects. Additionally, more than $300 million will be awarded through the Connect NC bond. 1. Clean Water State Revolving Fund The revolving fund is used to improve water quality by financing wastewater, stormwater and other clean water infrastructure improvements. Funding this round is as follows: Federal Clean Water State Revolving Funds (CWSRF) Project Funding Approved by State Water Infrastructure Authority
2. State Reserve Program This program funds both wastewater and drinking water projects and includes one loan project and three types of grants, as indicated below, with funding for this round. State Wastewater Reserve Project Loan Approved by State Water Infrastructure Authority
State Wastewater Reserve Project Grant Approved by State Water Infrastructure Authority
State Reserve Merger/Regionalization Feasibility Grants Approved by State Water Infrastructure Authority This grant funding is available for the study of consolidating the management of multiple utilities in to a single utility operation or to provide regional treatment and the best way of carrying out the consolidation or regionalization.
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