Gov. Andrew Cuomo says the New York State Environmental Facilities Corporation has approved $26.7 million in grants, interest-free loans and low-cost loans to support vital water quality infrastructure projects across New York State.
The funding supports municipalities that are working to update their aging drinking water and wastewater systems and improve utility services for residents with innovative, cost-effective financing solutions.
The board’s approval includes financing through the Clean Water State Revolving Fund and Drinking Water State Revolving Fund and grants pursuant to the Water Infrastructure Improvement Act.
The project financings approved at the June 24 meeting include:
Clean Water Projects:
The Village of Little Valley in Cattaraugus County – $3,018,678 in long-term, interest-free financing to rehabilitate their wastewater treatment plant.
The Village of Arcade in Wyoming County – $784,441 in long-term, interest-free financing for sanitary sewer improvements.
The Monroe County – $4,945,341 in short-term, interest-free financing, $4,945,341 in short-term, low-rate financing, and a $3,775,000 WIIA grant to make aeration system improvements at the Frank E. Van LareWater Resource Recovery Facility.
The Village of Interlaken in Seneca County – $3,887,750 in short-term, interest-free financing, and $1,227,250 in WIIA grant funding for wastewater treatment plant upgrades and improvements.
The Village of Port Chester in Westchester County – $870,125 in short-term, interest-free financing and $316,250 in WIIA grant funding for the design and construction of sanitary sewer system improvements.
Drinking Water Project:
The Village of Dansville in Livingston County – $3,000,000 in WIIA grant funding to replace 37,000 linear feet of aged and undersized water mains and add new hydrants and valves. The financings are subject to the Public Authorities Control Board’s approval and are scheduled for consideration at PACB’s meeting in July.
The CWSRF and the DWSRF are the EFC’s core funding programs. With its partner, DEC, EFC is responsible for the operation and administration of the CWSRF. The CWSRF allows EFC to provide interest-free or low-interest rate financing and grants to support a variety of eligible water quality improvement projects, including point source projects, nonpoint source projects and national estuary projects. EFC similarly operates and administers the DWSRF, with its partner the State Department of Health, providing interest-free or low-interest rate financing and grants for drinking water infrastructure projects.