- 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 $37,973,751 in new loans and grants at its April 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 $37,973,751 in new low-interest loans and grants at its meeting on April 5, 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 Project
|
Borrower |
Loan No. |
Amount |
Project Title |
Interest Rate |
|
New Bedford |
CW-22-61 |
$1,730,000 |
Phase I – Sewer System Evaluation Survey Program |
2% |
Drinking Water Projects
|
Borrower |
Loan No. |
Amount |
Project Title |
Interest Rate |
|
Amherst |
DWP-22-15 |
$15,000,000 |
Centennial Water Treatment Plant Replacement |
1.5% |
|
Burlington |
DW-22-03 |
$14,090,350 |
Mill Pond Water Treatment Plant – PFAS Removal |
0% |
|
Winthrop |
DWP-22-35 |
$4,890,101 |
Revere, Crest & Grovers Ave. St. Distribution Improvements |
2% |
|
Total |
$33,980,451 |
|
|
Community Septic Management Program
|
Borrower |
Loan No. |
Amount |
Interest Rate |
|
Marion |
CWT-23-02 |
$200,000 |
2% |
Lead Service Line Planning Program Projects
|
Grantee |
Grant No. |
Amount |
|
Ayer |
DWL-22-24 |
$130,000 |
|
Brookline |
DWL-23-14 |
$99,900 |
|
Cheshire |
DWL-23-24 |
$123,500 |
|
Dudley |
DWL-23-21 |
$200,000 |
|
East Longmeadow |
DWL-23-13 |
$161,700 |
|
Marion |
DWL-23-17 |
$75,000 |
|
Methuen |
DWL-23-22 |
$870,000 |
|
Ware |
DWL-23-20 |
$200,000 |
|
Wayland |
DWL-22-65 |
$139,200 |
|
Winchester |
DWL-23-19 |
$58,000 |
|
Total |
$2,057,300 |
School Water Improvement Grant (SWIG)
|
Grant No. |
School District |
Fixtures |
Award |
|
SWIG-23-04 |
St. Stanlislaus Kostka School |
2 |
$6,000 |
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/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 $37,973,751 in new loans and grants at its April meeting
Office of State Treasurer and Receiver General Deborah B. Goldberg
