- 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 $82,957,009 in new loans and grants at its October meeting
Andrew Napolitano, Deputy Communications Director, Office of State Treasurer and Receiver General
Boston — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $82,957,009 in new grants and low-interest loans at its meeting on October 5, 2022. Below is information on the grants and loans approved at the meeting.
Announced in June, the Trust is offering $20 million in loans with 100% loan forgiveness for planning activities assisting public water suppliers with completing planning projects for lead service line inventories and replacement programs. Agawam’s lead service line inventory and revised replacement plan is the third of this kind to be approved by the Board of Trustees. The loan is expected to be fully forgiven once the project is completed.
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 |
Chatham |
CW-21-46 |
$2,818,173 |
Chatham Queen Anne Pumping Station Upgrade 2021 |
0% |
Dukes County |
CW-21-33 |
$10,971,561 |
Martha’s Vineyard Airport Wastewater Treatment Facility Upgrades |
2% |
Mashpee |
CWP-21-16 CWP-21-16A |
$53,958,000 |
Mashpee Water Resource Recovery Facility and Collection System Phase I |
2% |
Total |
$67,747,734 |
|
|
Lead Service Line Planning Program Project
Borrower |
Loan No. |
Amount |
Project Title |
Interest Rate |
Loan Forgiveness |
Agawam |
DWL-22-18 |
$540,000 |
Lead Service Line Inventory & Planning Project |
2% |
100% |
Drinking Water Projects
Borrower |
Loan No. |
Amount |
Project Title |
Interest Rate |
Eastham |
DWP-21-10 |
$12,966,625 |
Eastham Water System Phase 2D |
2% |
Community Septic Management Program
Borrower |
Loan No. |
Amount |
Interest Rate |
Easton |
CWT-22-21 |
$500,000 |
2% |
Taunton |
CWT-22-22 |
$250,000 |
2% |
Total |
$750,000 |
|
Asset Management Planning Grant
Grantee |
Grant No. |
Award |
Bolton |
CWA-22-16 |
$60,000 |
Chelmsford Water District |
DWA-22-06 |
$150,000 |
Douglas |
CWA-22-20 |
$75,900 |
Edgartown |
CWA-22-18 |
$97,500 |
Lincoln |
DWA-22-16 |
$66,750 |
Lunenburg |
CWA-22-19 |
$78,000 |
Plainville |
CWA-22-17 |
$150,000 |
Saugus |
CWA-22-23 |
$150,000 |
South Essex Sewerage District |
CWA-22-12 |
$112,500 |
Total |
$940,650 |
School Water Improvement Grant (SWIG)
Grant No. |
School District |
Fixtures |
Award |
SWIG-22-16 |
Mariposa Child-Care Center |
1 |
$3,000 |
SWIG-22-17 |
PACE Head Start |
3 |
$9,000 |
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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