Press Release

Press Release  Massachusetts Clean Water Trust Board of Trustees members approves $34,867,245 in new loans and grants at its May meeting.

BOSTON – The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $34,867,245 in new low-interest loans and grants at its meeting on May 3, 2023. Below is information on the grants and loans approved at the meeting.
For immediate release:
5/03/2023
  • 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 $34,867,245 in new loans and grants at its May 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 $34,867,245 in new low-interest loans and grants at its meeting on May 3, 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

Boston Water and Sewer Commission

CW-22-56

$20,145,084

South Boston Sewer Separation

1.5%

Fitchburg

CWP-22-58

CWP-22-58-A

$8,925,948

Combined Sewer Overflow Separation and Rehabilitation

2%

Total

$29,071,032


Drinking Water Projects

Borrower

Loan No.

Amount

Project Title

Interest Rate

Scituate

DW-22-36

$2,368,763

Stearn’s Meadow Water Treatment Plant

2%

Water Supply District of Acton

DW-23-01

$1,000,000

PFAS Treatment at North Acton Water Treatment Plant

0%

Total

$3,368,763


Lead Service Line Planning Program Projects

Grantee

Grant No.

Amount

Blackstone

DWL-22-17

$50,000

Chester

DWL-23-36

$136,000

Dalton Fire District

DWL-23-28

$196,400

Dracut Water Supply District

DWL-23-27

$230,500

Erving

DWL-23-37

$121,500

Greenfield

DWL-23-31

$200,000

Harvard

DWL-23-30

$111,250

Lee

DWL-23-29

$182,800

Lincoln

DWL-23-40

$43,000

Littleton

DWL-23-39

$174,000

Raynham Center Water District

DWL-23-33

$137,500

Shirley

DWL-23-32

$34,900

Templeton

DWL-23-26

$200,000

Tyngsborough Water District

DWL-23-38

$89,200

West Springfield

DWL-23-35

$150,400

Wilbraham

DWL-23-34

$160,000

Total

$2,217,450

School Water Improvement Grant (SWIG)

Grant No.

School District

Fixtures

Award

SWIG-23-05

Springfield Public Schools

70

$210,000


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/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 $34,867,245 in new loans and grants at its May 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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