Press Release

Press Release  Massachusetts Clean Water Trust Board of Trustees approves $294,858,284 in new loans and grants at its December meeting.

Massachusetts Clean Water Trust Board of Trustees approves $294,858,284 in new loans and grants at its December meeting.
For immediate release:
12/04/2024
  • 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 $294,858,284 in new low-interest loans and grants at its meeting on December 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
BORROWERLOAN NO.AMOUNTPROJECT TITLEINTEREST RATE
Massachusetts Water Resources Authority (MWRA)CW-24-68$50,000,000Deer Island Treatment Plant Clarifier #22%
New Bedford

CWP-23-26

CWP-23-26-A

$2,160,758Sassaquin Pond Water Quality Improvements2%
WarehamCWP-24-23$20,000,000Water Pollution Control Facility Improvements – Phase 22%
Yarmouth

CWP-23-03

CWP-24-67

CWP-24-67-A

$96,389,946Phase I - Water Resource Recovery Facility and Collection System0%
TOTAL$168,550,704 
DRINKING WATER PROJECTS
BORROWERLOAN NO.AMOUNTPROJECT TITLEINTEREST RATE
BraintreeDWPEC-24-75$10,000,000Tri-Town Regional Water Treatment Plant0%
ChathamDWEC-24-23$3,139,033Training Field Road PFAS Water Treatment Plant0%
EasthamDWP-24-85$2,312,449Eastham Water System – Phase 2E1.5%
HolbrookDWPEC-24-77$3,200,000Tri-Town Regional Water Treatment Plant0%
Littleton

DWEC-23-136

DWEC-24-84

$19,078,000Water Supply Main Extension Littleton/Boxborough0%
Lynnfield Center Water DistrictDWEC-24-82$3,831,850Glen Drive Water Treatment Plant and Station 2 Pipeline0%
Mattapoisett River Valley Water DistrictDWP-24-43$2,566,200Mattapoisett River Valley Water District Water Treatment Plant Upgrades2%
MWRADW-24-69$10,724,536Northern Intermediate High Section 89 Replacement2%
MWRADW-24-83$4,275,464Section 23, 24, 47 Water Mains Rehabilitation2%
New BedfordDWP-24-78$2,732,677Quittacas Water Treatment Plant Upgrades2%
RandolphDWPEC-24-76$6,800,000Tri-Town Regional Water Treatment Plant0%
Raynham Center Water DistrictDWPEC-24-73$14,920,000PFAS Water Treatment Plants0%
ScituateDW-24-86$10,000,000Surface Water Treatment Plant1.5%
SharonDWEC-24-79$10,000,000Wells 2 & 4 Water Treatment Plant0%
SomervilleDWPLC-23-42$3,986,595Somerville LSL Replacement Program0%
WebsterDWPEC-24-81$10,000,000PFAS Water Treatment Plants0%
TOTAL$117,566,804 
COMMUNITY SEPTIC MANAGEMENT PROGRAM
BORROWERLOAN NO.AMOUNTINTEREST RATE
AvonCWT-24-63$400,0002%
ASSET MANAGEMENT PLANNING GRANTS
GRANTEEGRANT NO.AWARD
BelmontDWA-24-44$65,775
Bondsville Fire and Water DistrictDWA-24-38$34,000
DanversCWA-24-38$105,000
FreetownDWA-24-71$123,240
HinghamDWA-24-74$150,000
MedfieldCWA-24-70$150,000
OrleansDWA-24-66$36,000
SomersetDWA-24-87$51,780
SouthbridgeCWA-24-66$90,000
TOTAL$805,795
LEAD SERVICE LINE PLANNING GRANTS
GRANTEEGRANT NO.AWARD
Boston Water and Sewer CommissionDWL-23-73$5,264,581
MansfieldDWL-24-28$640,000
MarionDWL-23-17$234,100
North AdamsDWL-23-101$452,100
North Chelmsford Water DistrictDWL-23-145$920,200
TOTAL$7,510,981
SCHOOL WATER IMPROVEMENT GRANTS (SWIG)
SCHOOLGRANT NO.FIXTURESAWARD
Austen Riggs Nursery SchoolSWIG-24-241$3,000
St. Catherine of Siena SchoolSWIG-24-254$12,000
St. Bernard’s High SchoolSWIG-24-263$9,000
TOTAL$24,000


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 $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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Media Contact

  • Office of State Treasurer and Receiver General Deborah B. Goldberg 

    Our mission at the Office of the State Treasurer and Receiver General of Massachusetts is to prudently manage and safeguard the state's public deposits and investments through sound business practices for the exclusive benefits of our citizens, and perform these duties with integrity, excellence, and leadership.
  • The Massachusetts Clean Water Trust 

    The Massachusetts Clean Water Trust (the Trust) is a state agency that improves water quality throughout the Commonwealth by providing low-interest loans to municipalities and other eligible entities.
  • Massachusetts Department of Environmental Protection 

    MassDEP's mission is to protect and enhance the Commonwealth's natural resources - air, water, and land - to provide for the health, safety, and welfare of all people, and to ensure a clean and safe environment for future generations. In carrying out this mission MassDEP commits to address and advance environmental justice and equity for all people of the Commonwealth, provide meaningful, inclusive opportunities for people to participate in agency decisions that affect their lives; and ensure a diverse workforce that reflects the communities we serve.​
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