- The Massachusetts Clean Water Trust
- Office of State Treasurer and Receiver General Deborah B. Goldberg
Media Contact for Massachusetts Clean Water Trust Board of Trustees members approve $193,993,543 in new loans at its July meeting
Carla Kath, Director of Communications, Office of State Treasurer and Receiver General
Boston — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $193,993,543 in new grants and low-interest loans at its meeting on June 29, 2022. 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.
| Borrower | Loan No. | Amount | Project Title | Interest Rate | Loan Program |
|---|---|---|---|---|---|
| Adams | CWP-21-24 and CWP-21-24-A |
$7,426,620 | Wastewater Treatment Facility Capital Improvements | 2% | Clean Watert |
| Barnstable | CWP-21-49 and CWP-21-49-A |
$19,926,176 | Route 28 East Sewer Expansion Project | 1.5% | Housing Choice |
| Great Barrington | CWP-21-53 | $4,508,962 | Wastewater Pump Station Upgrades | 2% | Clean Water |
| Haverhill | CWP-21-40 and CWP-21-40-A |
$8,994,873 | Sewer System Improvements | 1.5% | Housing Choice |
| Orange | CWP-21-52 | $1,405,855 | North Main Street Water and Sewer Replacement | 2% | Clean Water |
| Orleans | CW-19-33 | $59,409,200 | Downtown Area Collection System and WWTF | 0% | Nutrient Enrichment Reduction |
| Quincy | CWP-21-37 and CWP-21-37-A |
$4,122,932 | FY22 Sewer Improvements | 1.5% | Housing Choice |
| South Essex Sewerage District | CWP-20-35 | $16,650,000 | Primary Clarifier Concrete Restoration | 2% | Clean Water |
| Springfield Water and Sewer Commission |
CWP-21-39 and CWP-21-39-A |
$30,245,375 | Locust Transfer and Flow Optimization | 2% | Clean Water |
| Total | $153,689,993 |
| Borrower | Loan No. | Amount | Project Title | Interest Rate | Loan Program |
|---|---|---|---|---|---|
| Dighton Water District | DWP-21-17 | $3,850,000 | Main Street Water Main Replacement | 2% | Drinking Water |
| Dudley | DWP-21-16 | $11,288,220 | Dudley PFAS Water Treatment Plant | 0% | PFAS Remediation |
| Eastham | DWP-21-10 | $9,886,625 | Eastham Water System Phase 2D | 2% | Drinking Water |
| Haverhill | DWP-21-15 | $7,362,750 | Phase 3 Transmission Main Improvements | 1.5% | Housing Choice |
| Lowell | DWP-21-14 | $6,344,000 | Transmission Main Connection | 1.5% | Housing Choice |
| Orange | DWP-22-04 | $1,120,955 | North Main Street Water Main Replacement | 2% | Drinking Water |
| Total | $39,852,550 |
| Grantee | Grant No. | Award | Project Title |
|---|---|---|---|
| Billerica | CWA-22-10 | $139,000 | Billerica Stormwater Asset Management Plan |
| Total | $139,000 |
| Grant No. | School District | Fixtures | Award |
|---|---|---|---|
| SWIG-22-14 | Maynard Public Schools | 8 | $24,000 |
| SWIG-22-06 | Nashoba Regional School District | 14 | $42,000 |
| SWIG 22-13 | New Bedford Public Schools | 32 | $96,000 |
| SWIG-22-15 | Worcester Public Schools | 50 | $150,000 |
| Total | $312,000 |
For More Information
For more information on our different loan programs, please visit the Programs page at https://www.mass.gov/programs and for more information on our Loan Forgiveness Program, please visit https://www.mass.gov/info-details/loan-forgiveness-calculation-and-distribution. To learn about past meetings or find project descriptions, please visit https://www.mass.gov/info-details/2022-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 $8.1 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 for Massachusetts Clean Water Trust Board of Trustees members approve $193,993,543 in new loans at its July meeting
The Massachusetts Clean Water Trust
