Flack Broadcasting – Governor Hochul announces $265 million investment to make water infrastructure projects affordable across New York
ALBANY, NY- Governor Kathy Hochul announced that the New York State Environmental Facilities Corporation (EFC) Board of Directors has approved $265 million in funding for water infrastructure improvement projects across the state.
With the board’s approval, communities will have access to low-cost financing and grants to begin construction of critical water and wastewater infrastructure projects.
Of the project funds approved last week, $30 million in federal Bipartisan Infrastructure Law (BIL) grants will help 30 communities across the state conduct an inventory of lead service lines in their drinking water systems – an important first step to address replacement projects and protect public health.
“Improving our water infrastructure is critical to building safe and healthy communities in New York,” said Governor Hochul.
“This financial support makes a critical difference in providing New Yorkers with clean drinking water, protecting our natural resources and ensuring projects are successful and affordable.”
Local projects for clean water:
- City of Martinsburg – $1,366,200 in interest-free financing and $378,400 in market-rate financing from the CWSRF, a $148,814 WIIA grant, and a $106,586 WIIA Bond Act grant for the planning, design, and construction of wastewater treatment plant and collection system improvements.
- City of Webb – $706,023 in interest-free financing and $1,706,023 in market rate financing from the CWSRF and a $470,683 WIIA grant for the planning, design and construction of wastewater treatment plant upgrades.
Image of the New York Capitol.