The town of Wolcott was recently approved to receive a $2.5 million grant, including a $1.5 million zero-interest loan, for the planning, design and construction of the Blind Sodus Bay wastewater collection system.
This funding represents a portion of more than $32 million in grants and interest-free loans recently approved by Gov. Andrew Cuomo and the New York State Environmental Facilities Corp. Board of Directors to support state drinking water and wastewater infrastructure projects.
The grants and loans will provide assistance for one drinking water project and six wastewater projects in upstate New York. This funding includes nearly $5 million in grants that were awarded last summer in the second round of funding through the 2015 Water Infrastructure Improvement Act.
“Investments in our water infrastructure are critical to helping ensure the continued vitality and future prosperity of communities across New York,” Cuomo said. “This funding will provide cities, towns and villages across the state with modernized, sustainable water systems, protecting our precious resources and securing a healthier future for all New Yorkers.”
In recognition that municipalities cannot keep pace with expanding water infrastructure needs, this year’s enacted budget included the $2.5 billion Clean Water Infrastructure Act of 2017. This infusion of capital funds builds upon the progress made through WIIA by providing an additional $1 billion in grants to state communities. The act will provide grants specifically for intermunicipal water projects.
“EFC’s work with communities across the state helps to ensure that they can meet their water infrastructure needs,” said Sabrina Ty, EFC president and CEO. “Under the governor’s leadership, the infusion of new funding through the Clean Water Infrastructure Act of 2017 will allow us to expand the use of grants, loans and technical assistance to advance sustainable growth and promote innovative environmental technologies and practices for these communities.”
The grants, along with the interest-free and low-interest loans provided by EFC, will allow municipalities to finance these projects at a significantly lower rate than financing on their own. Additionally, 94 percent of the loans approved are interest free.
“Clean drinking water is crucial to public health, and investing in our water infrastructure will protect this vital resource for all New Yorkers,” said Howard Zucker, NYS Department of Health commissioner. “Gov. Cuomo’s $2.5 billion Clean Water Infrastructure Act of 2017 will fund vital upgrades to water systems across the state while developing a national model for protecting drinking water.”