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Press Release  Massachusetts Clean Water Trust Board of Trustees members approves $88,656,780 in new loans and grants at its January meeting.

Massachusetts Clean Water Trust Board of Trustees members approves $88,656,780 in new loans and grants at its January meeting.
For immediate release:
1/17/2024
  • Office of State Treasurer and Receiver General Deborah B. Goldberg

Media Contact   for Massachusetts Clean Water Trust Board of Trustees members approves $88,656,780 in new loans and grants at its January meeting.

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

Picture of a river - banner for press release

The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $88,656,780 in new low-interest loans and grants at its meeting on January 17, 2024. 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-23-60

$1,000,000

Deer Island Treatment Plant (DITP) Asset Protection Phase 3

2%

MWRA

CW-23-61

$1,000,000

DITP Clarifier #2

2%

Nahant

CW-22-46

$7,992,142

Sewer Collection System Repair & Replacement 2022

2%

South Essex Sewerage District

CWP-20-35

$21,650,000

Primary Clarifier Concrete Restoration

2%

Shutesbury

CWPEC-23-62

$150,000

Shutesbury Fire Department Immediate Response Action

0%

Total

$31,792,142

 

 

 

Drinking Water Projects

Borrower

Loan No.

Amount

Project Title

Interest Rate

Andover

DWLC-23-105

$1,800,000

Lead Service Line Replacement

0%

Braintree

DWPEC-23-151

$10,000,000

Tri-Town Regional Water Treatment Plant

0%

Boston Water and Sewer Commission

DWLC-22-50

$4,698,888

Elimination of Lead Water Services in Boston

0%

Holbrook

DWPEC-23-152

$3,200,000

Tri-Town Regional Water Treatment Plant

0%

MWRA

DW-23-142

$1,000,000

Section 23, 24, 47 Water Mains Rehabilitation

2%

MWRA

DW-23-148

$5,882,850

Weston Aqueduct Supply Main Rehabilitation

2%

MWRA

DW-23-149

$7,117,150

Northern Intermediate High Section 89 Replacement

2%

New Bedford

DWP-23-155

$15,000,000

Quittacas Water Treatment Plant Upgrades

2%

Randolph

DWPEC-23-153

$6,800,000

Tri-Town Regional Water Treatment Plant

0%

Total

$55,498,888

 

 

 

Asset Management Planning Grants

Grantee

Grant No.

Award

Braintree

CWA-23-38

$102,200

Holbrook

CWA-23-40

$150,000

Southampton

CWA-23-43

$84,000

Sudbury Water District

DWA-23-133

$150,000

Total

$486,200

 

Lead Service Line Planning Grants

Grantee

Grant No.

Award

Chelsea

DWL-23-146

$682,650

Lancaster

DWL-23-156

$163,900

Total

$846,550

 

School Water Improvement Grants (SWIG)

School District

Grant No.

Fixtures

Award

Blessed Stephen Bellesini OSA Academy, Inc.

SWIG-24-01

2

$6,000

Emerging Academy LLC

SWIG-24-02

1

$3,000

Nahant Public Schools

SWIG-24-03

1

$3,000

St. Anthony School

SWIG-24-04

3

$9,000

St. James-St. John School

SWIG-24-05

3

$9,000

Temple Shalom – William & Charlotte Bloomberg Jewish Community Center

SWIG-24-06

1

$3,000

Total

$33,000

 

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/info-details/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 $8.6 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 $88,656,780 in new loans and grants at its January 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.
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