Wednesday, October 19, 2016

PennVEST OKs $75.6 Million Investment In 9 Water Infrastructure Projects

Gov. Tom Wolf Wednesday announced the investment of $75.6 million for nine drinking water and wastewater projects across eight counties through the PA Infrastructure Investment Authority.
“Today the PennVEST Board of Directors renewed its commitment to clean water in Pennsylvania and to the health of it citizens,” said Gov. Wolf. ”The investment of millions of dollars all across the Commonwealth serves as testimony to the Board’s and this administration’s desire to improve our environment and to protect our precious natural resources, for today’s Pennsylvanians as well as for future generations to come.”
Of the $75.6 million, $54.4 million is allocated for low-interest loans and $21.2 million is awarded through grants.
A list of funded projects is available online.
The funding comes from a combination of state funds approved by voters, federal grants to PennVEST from the Environmental Protection Agency and recycled loan repayments from previous PennVEST funding awards.
Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PennVEST.
The upcoming deadlines for funding applications are: November 2, February 8 and May 3.
For more information on funding programs, visit the PA Infrastructure Investment Authority website.

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