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.
About the Trust
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). SRFs function like an environmental infrastructure bank by financing water infrastructure projects.
The Trust administers two SRF programs, the Clean Water and Drinking Water SRFs. MassDEP manages project development and oversight while the Trust manages the flow of funds to borrowers. The SRF programs are partnerships between the United States Environmental Protection Agency and the Commonwealth. To date, the Trust has financed approximately $8.1 billion for nearly three hundred borrowers, serving 97% of the Commonwealth’s population.
Upcoming Bond Sale
The Massachusetts Clean Water Trust is preparing to issue State Revolving Fund Bonds and State Revolving Fund Refunding Bonds during the week of November 28th. View the Preliminary Official Statement and related documents here.
Federal Infrastructure Funding Information
The Massachusetts Clean Water Trust, in collaboration with the Massachusetts Department of Environmental Protection (MassDEP) and the United States Environmental Protection Agency (EPA) is pleased to announce its Clean Water and Drinking Water State Revolving Funds & Bipartisan Infrastructure Law presentation is now available.
To view the presentation, click here: BIL Funding - Clean Water and Drinking Water SRF Presentation
Announcing the Lead Service Line Planning Program
The Massachusetts Clean Water Trust is offering $20 million in loans with 100% loan forgiveness for planning activities that assist public water suppliers with completing planning projects for lead service line inventories and replacement programs. For more information, click here: Lead Service Line Planning Program
About the American Rescue Plan Act Funding
To learn more about the American Rescue Plan Act (ARPA) funding for the 2021 Clean Water and Drinking Water projects, visit the link below.