Press Release

Press Release  Massachusetts Clean Water Trust Board of Trustees members approves $148,629,356 in new loans and grants at its June meeting.

Massachusetts Clean Water Trust Board of Trustees members approves $148,629,356 in new loans and grants at its June meeting.
For immediate release:
6/07/2023
  • 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 approves $148,629,356 in new loans and grants at its June 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

Boston — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $148,629,356 in new low-interest loans and grants at its meeting on June 7, 2023. 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

Brockton

CWP-22-34

$2,173,452

Sewer System Rehabilitation

1.5%

Framingham

CWP-22-35

$9,919,928

Worcester Road Sewer Pumping Station Replacement

1.5%

Franklin

CW-22-31

$33,000,000

Beaver Street Interceptor Rehab & Replacement with New Beaver Street Pump Station

1.5%

Littleton

CW-22-57

$29,438,000

Littleton Sewer System Expansion

1.5%

Lynn Water and Sewer Commission

CWP-22-69

$25,000,000

West Lynn Sewer Separation Phases 3, 4 & 5

1.5%

New Bedford

CW-22-73

$1,521,200

Phase 3 Illicit Connection Identification Program

2%

Taunton

CWP-22-53 and
CWP-22-53-A

$2,499,058

Sewer & Drain Improvements

1.5%

Taunton

CWP-22-54

$4,000,000

Pump Station Improvements

1.5%

Total

$107,551,638

 

 


Drinking Water Projects


Borrower

Loan No.

Amount

Project Title

Interest Rate

East Brookfield

DWP-22-49

$7,869,027

Water Storage Improvements

2%

Leicester Water Supply District

DWP-22-38

$5,179,421

Water System Interconnection with Worcester

2%

North Attleborough

DWP-22-20

$7,250,061

McKeon Water Treatment Facility – PFAS Removal Treatment

0%

Townsend

DWP-22-26

$14,900,000

PFAS Water Treatment Improvements

0%

Yarmouth

DWP-23-18

$3,365,339

Yarmouth Well 4 & 5 Package PFAS Treatment System

0%

Total

$38,563,848

 

 


Lead Service Line Planning Program Projects


Grantee

Grant No.

Amount

Adams Fire District

DWL-23-15

$50,000

Cherry Valley and Rochdale Water District

DWL-23-53

$110,000

Chicopee

DWL-23-44

$311,500

Dedham-Westwood Water District

DWL-23-51

$907,400

Everett

DWL-23-46

$150,000

Fairhaven

DWL-23-50

$100,000

Falmouth

DWL-23-47

$128,000

Hadley

DWL-23-43

$145,770

Lunenburg Water District

DWL-23-41

$253,000

Maynard

DWL-23-55

$200,000

Somerset

DWL-23-49

$75,000

Turners Falls Fire District

DWL-23-45

$26,400

Westminster

DWL-23-48

$56,800

Total

$2,513,870


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/the-disadvantaged-community-program#loan-forgiveness-. To learn about past meetings or find project descriptions, please visit: https://www.mass.gov/service-details/2023-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 approves $148,629,356 in new loans and grants at its June 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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