Press Release

Press Release  Massachusetts Clean Water Trust Board of Trustees approves $73,733,811 in new loans and grants at its January meeting.

Massachusetts Clean Water Trust Board of Trustees approves $73,733,811 in new loans and grants at its January meeting.
For immediate release:
1/08/2025
  • 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 $73,733,811 in new low-interest loans and grants at its meeting on January 8, 2025. 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
HolyokeCWP-23-51$10,500,000River Terrace Sewer Separation Project Phase 12%
ShrewsburyCW-23-22$9,806,249Rolfe & Maple Ave. Pump System Upgrade and Force Main Replacement1.5%
SomersetCWP-23-31$5,024,834Somerset Wastewater Pump Station Upgrades2%
TOTAL$25,331,083 
DRINKING WATER PROJECTS
BORROWERLOAN NO.AMOUNTPROJECT TITLEINTEREST RATE
Boston Water and Sewer CommissionDWLC-22-50$9,428,874Elimination of Lead Water Services in Boston0%
GrotonDWEC-24-80$12,195,914Groton Water System Expansion0%
MillisDWPEC-24-42$3,615,499Village Street Water Treatment Plant PFAS Upgrades0%
Woburn

DWPEC-23-116

DWPEC-24-93

$21,999,965Horn Pond Water Treatment Plant PFAS Removal0%
TOTAL$47,240,252 
ASSET MANAGEMENT PLANNING GRANTS
GRANTEEGRANT NO.AWARD
BellinghamCWA-24-72$89,820
HoldenCWA-24-73$75,000
Hopedale  CWA-24-75$150,000
NantucketCWA-24-65$150,000
OrangeCWA-24-26$150,000
OrangeDWA-24-45$109,515
PlainvilleCWA-24-88$150,000
WestminsterCWA-24-85$129,141
WestwoodCWA-24-15$150,000
TOTAL$1,153,476
SCHOOL WATER IMPROVEMENT GRANTS (SWIG)
SCHOOLGRANT NO.FIXTURESAWARD
St. Raphael Parish SchoolSWIG-25-013$9,000

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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