- Office of State Treasurer and Receiver General Deborah B. Goldberg
- The Massachusetts Clean Water Trust
- Massachusetts Department of Environmental Protection
Media Contact
Andrew Napolitano, Communications Director, Office of State Treasurer and Receiver General
Boston — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $151,875,635 in new low-interest loans and grants at its meeting on September 4, 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 |
| Billerica | CWP-19-09-B | $1,281,337 | Wastewater Treatment Facility and Pump Station Upgrades | 1.5% |
| Boston Water and Sewer Commission (BWSC) | CW-22-56 | $45,397,734 | South Boston Sewer Separation | 1.5% |
| Fitchburg | CWP-23-34 CWP-23-34-A | $27,705,362 | CSO 032, 045, 083 Separation/Rehabilitation | 2% |
| Lawrence | CW-24-20 | $1,200,000 | Sanitary Sewer Evaluation Survey – Phases V & VI | 1.5% |
| Oak Bluffs | CWP-22-32 | $27,600,000 | Oak Bluffs Wastewater Treatment Facility Enhanced Nitrogen Removal Upgrade Project | 2% |
| Saugus | CWP-23-47 | $2,956,784 | Comprehensive Sewer System Rehabilitation – 3A | 2% |
| Wareham | CWP-23-56 | $16,000,000 | WPCF Improvements – Phase 2 | 2% |
| Total | $122,141,217 | |||
| DRINKING WATER PROJECTS | ||||
|---|---|---|---|---|
| Borrower | Loan No. | Amount | Project Title | Interest Rate |
| BWSC | DWLC-22-50 | $6,997,468 | Elimination of Lead Water Services in Boston | 0% |
| Harvard | DW-23-130 | $7,160,000 | Harvard-Devens Water System Interconnection | 2% |
| Total | $14,157,468 | |||
| COMMUNITY SEPTIC MANAGEMENT PROGRAM | |||
|---|---|---|---|
| Borrower | Loan No. | Amount | Interest Rate |
| Barnstable County | CWT-24-09 | $13,000,000 | 2% |
| Middleborough | CWT-24-25 | $500,000 | 2% |
| Sharon | CWT-24-22 | $200,000 | 2% |
| Total | $13,700,000 | ||
| ASSET MANAGEMENT PLANNING GRANTS | ||
|---|---|---|
| Grantee | Grant No. | Award |
| Hatfield | CWA-24-10 | $135,843 |
| Hatfield | CWA-24-12 | $136,659 |
| South Essex Sewerage District | CWA-24-14 | $150,000 |
| Total | $422,502 | |
| LEAD SERVICE LINE PLANNING GRANTS | ||
|---|---|---|
| Grantee | Grant No. | Award |
| Braintree | DWL-24-41 | $241,024 |
| Brookline | DWL-23-14 | $130,200 |
| Falmouth | DWL-23-47 | $314,000 |
| Plymouth | DWL-24-40 | $42,000 |
| Total | $727,224 | |
| CYBERSECURITY IMPROVEMENT GRANTS | ||
|---|---|---|
| Grantee | Grant No. | Award |
| Brockton | DWC-24-19 | $50,000 |
| Dracut Water Supply District | DWC-24-18 | $50,000 |
| Total | $100,000 | |
For More Information
For more information on our different loan programs, please visit the SRF Programs page at https://www.mass.gov/srf-programs and for more information on our Loan Forgiveness Program, please visit https://www.mass.gov/info-details/the-disadvantaged-community-loan-forgiveness-program. To learn about past meetings or find project descriptions, please visit: https://www.mass.gov/info-details/board-of-trustees-meeting-information. For information on how to apply for an SRF loan, please visit MassDEP’s website at https://www.mass.gov/lists/state-revolving-fund-applications-forms
About the Clean Water Trust
Since its establishment in 1989, the Trust has loaned nearly $8.6 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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Media Contact
Office of State Treasurer and Receiver General Deborah B. Goldberg
The Massachusetts Clean Water Trust
