The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $96,541,936 in new low-interest loans and grants at its meeting on November 6, 2024. Below is information on the grants and loans approved at the meeting.
The Trust, in collaboration with the Massachusetts Department of Environmental Protection (MassDEP), helps communities build or replace water infrastructure that enhances ground and surface water resources, ensures the safety of drinking water, protects public health and develops resilient communities. It accomplishes these objectives by providing low-interest loans and grants to cities, towns and water utilities through the Massachusetts State Revolving Funds (SRFs). The SRF programs are partnerships between the United States Environmental Protection Agency and the Commonwealth of Massachusetts. SRFs function like an environmental infrastructure bank by financing water infrastructure projects in cities and towns across the Commonwealth.
CLEAN WATER PROJECTS
Borrower
Loan No.
Amount
Project Title
Interest Rate
Barnstable
CWP-23-53 CWP-23-53A
$24,074,825
Centerville Village Sewer Expansion
1.5%
Chatham
CW-23-42
$3,671,588
Comprehensive Wastewater Management Plan Sludge Processing Upgrades
About the Clean Water Trust Since its establishment in 1989, the Trust has loaned nearly $9.1 billion to improve and maintain the quality of water in the Commonwealth. An estimated 97 percent of Massachusetts’ residents have benefited from the financial assistance of the Trust.
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