Press Release

Press Release Massachusetts Clean Water Trust Board of Trustees members approve $48,033,573 in new loans at its June meeting

For immediate release:
6/06/2022
  • 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 $48,033,573 in new loans at its June meeting

Carla Kath, Director of Communications, Office of State Treasurer and Receiver General

BostonThe Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $48,033,573 in new grants and low-interest loans at its meeting on June 1, 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.

Clean Water and Drinking Water Projects

Borrower

Loan No.

Amount

Project Title

Interest Rate

Loan Program

Barnstable

CWP-21-42

$2,761,225

Wastewater Pump Station Improvements Project

1.5%

Housing
Choice Loan

Lawrence

CWP-21-25

$2,625,000

Sewer and Drainage System Improvements

1.5%

Housing
Choice Loan

Mansfield

DWP-22-02

$6,999,694

Walsh Well PFAS Treatment System and Well Upgrades

0%

PFAS Remediation Loan

Revere

CW-21-34

$1,500,000

Phase 13 Investigations (I/I) and (IDDE)

2%

Clean Water
Loan

Springfield Water & Sewer Commission (SWSC)

CWP-21-11

$33,692,134

Nutrient Removal Upgrade and Facility Improvements

2%

Clean Water Loan

Total

$47,578,053

 

 

 

 


Asset Management Planning Grants

Grantee

Grant No.

Award

Project Title

Avon

DWA-22-10

$150,000

Avon Cybersecurity and Continuity Asset Management

Montague

CWA-22-04

$150,000

Montague Asset Management Project

Wellesley

CWA-21-29

$71,520

Wellesley Asset Management

Total

$371,520

 

 


School Water Improvement Grant (SWIG) Projects

Grant No.

School District

Fixtures

Award

SWIG-22-05

Medway - Medway High

12

$36,000

SWIG-22-07

Amherst-Pelham Regional School District

10

$30,000

SWIG-22-08

Christ Church Parish Day School

1

$3,000

SWIG-22-09

Easton Public Schools

1

$3,000

SWIG-22-10

Hampden -Wilbraham

1

$3,000

SWIG-22-11

Lunenburg Public Schools

2

$6,000

SWIG-22-12

MetroWest Jewish Day School

1

$3,000

Total

 

$84,000

 

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/service-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 $48,033,573 in new loans at its June meeting

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.

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.

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