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Press Release  Massachusetts Clean Water Trust Board of Trustees members approve $71,957,994 in new loans and grants at its November meeting

Massachusetts Clean Water Trust Board of Trustees members approve $71,957,994 in new loans and grants at its November meeting
For immediate release:
11/03/2022
  • Office of State Treasurer and Receiver General Deborah B. Goldberg
  • The Massachusetts Clean Water Trust

Media Contact   for Massachusetts Clean Water Trust Board of Trustees members approve $71,957,994 in new loans and grants at its November meeting

Andrew Napolitano, Deputy Communications Director, Office of State Treasurer and Receiver General

Picture of a river Commonwealth of Massachusetts Office of the State Treasurer and Receiver General

BostonThe Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $71,957,994 in new low-interest loans and grants at its meeting on November 2, 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 Projects

Borrower

Loan No.

Amount

Project Title

Interest Rate

Massachusetts Water Resources Authority (MWRA)

CW-22-05

$21,924,275

Deer Island Treatment Plant Asset Protection Phase 3

2%

MWRA

CW-22-06

$2,565,399

Nut Island HW Odor Control & HVAC

2%

MWRA

CW-22-07

$15,848,326

Facility Asset Protection

2%

MWRA

CW-22-08

$1,000,000

Deer Island Treatment Plant Clarifier #2

2%

MWRA

CW-22-09

$1,570,000

 Pipeline Replacement Improvement

2%

Total

$42,908,000


Drinking Water Projects

Borrower

Loan No.

Amount

Project Title

Interest Rate

Brockton

DWP-22-13

$9,332,000

Transmission Main Replacement Project

1.5%

MWRA

DW-20-33

$9,798,686 

Northern Intermediate High Section 89 Replacement

2%

MWRA

DW-22-07

$2,000,000

Southern Extra High (SEH) Redundancy and Storage

2%

MWRA

DW-22-08

$6,000,000

Weston Aqueduct Supply Main Rehabilitation

2%

MWRA

DW-22-09

$1,000,000

Northern Intermediate High Section 89 Replacement

2%

Total

$28,130,686


Asset Management Planning Grants

Grantee

Grant No.

Award

Abington-Rockland Joint Water Works

DWA-22-39

$56,250

Arlington

CWA-22-51

$147,600

Blandford

DWA-22-29

$26,700

Erving

CWA-22-42

$85,500

Longmeadow

CWA-22-26

$150,000

Methuen

CWA-22-45

$120,000

Northfield

CWA-22-47

$70,458

Stow

CWA-22-25

$28,800

Templeton

DWA-22-19

$72,000

Westminster

CWA-22-24

$150,000

Total

$907,308


School Water Improvement Grants (SWIG)

Grant No.

School District

Fixtures

Award

SWIG-22-09

Easton Public Schools

2

$6,000

SWIG-22-18

Little Ones Child Care of Sterling LLC

1

$3,000

SWIG-22-19

My Little Best Friends Early Learning Center

1

$3,000

Total

$12,000


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 $71,957,994 in new loans and grants at its November meeting

  • 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.
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