{"id":34329,"date":"2021-05-17T16:39:53","date_gmt":"2021-05-17T20:39:53","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=34329"},"modified":"2021-05-18T09:58:19","modified_gmt":"2021-05-18T13:58:19","slug":"glens-falls-scheduled-to-get-low-interest-funds-for-water-main-infrastructure-work","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2021\/05\/glens-falls-scheduled-to-get-low-interest-funds-for-water-main-infrastructure-work\/","title":{"rendered":"Glens Falls Scheduled To Get Low-Interest Funds For Water Main Infrastructure Work"},"content":{"rendered":"

The New York State Environmental Facilities Corp. board of directors has approved more than $48 million in grants, interest-free loans, and low-cost loans to support vital drinking water and wastewater infrastructure projects across New York state, including two local projects.<\/span><\/p>\n

The 2022 Enacted Budget adds a $500 million appropriation to support clean water, raising the state\u2019s total investment to $4 billion and continuing to fulfill the state\u2019s $5 billion clean water commitment, officials said.<\/span><\/p>\n

\u201cClean water and functioning water infrastructure are essential parts of the standard of living and qualify-of-life for all New Yorkers, and towns and villages across the state have an ongoing need for wastewater treatment plants and water tanks that needs to be filled,\u201d Gov. Andrew Cuomo said. \u201cThe newly enacted budget dedicates $500 million to support clean water initiatives which increases our investment and brings the state closer to fulfilling its commitment to New Yorkers. These projects will underscore our pledge to help protect the environment and the health of New York\u2019s residents and families.\u201d <\/span><\/p>\n

Environmental Facilities Corporation President and CEO Joseph Rabito said, \u201cBy approving these grants and low-cost financing for critical water infrastructure work, the EFC board of directors has ensured that communities statewide can cost-effectively undertake important projects that help protect our precious water resources.\u201d<\/span><\/p>\n

Department of Health Commissioner Dr. Howard Zucker said, \u201cThese significant state investments help municipalities prioritize programs to upgrade outdated drinking water infrastructure and implement treatment necessary to improve water quality in communities statewide.\u201d<\/span><\/p>\n

The board\u2019s approval includes financing through the Clean and Drinking Water State Revolving Funds and grants that are part of the Water Infrastructure Improvement Act program. <\/span><\/p>\n

The projects approved at an April 8 meeting include the Village of Stillwater in Saratoga County, $488,946 in short-term, low-interest financing and $733,418 in 2019 grant funds for the replacement of aged, corroded, and tuberculated water main with new ductile iron water main along Lake Road.<\/span><\/p>\n

Glens Falls in Warren County, $1.4 million in short-term, interest-free financing and $468,425 in 2019 grant funds for planning, design and construction of pump station capacity improvements by force main replacement and collection system repairs.<\/span><\/p>\n

For more information, visit EFC\u2019s website at www.efc.ny.gov.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The New York State Environmental Facilities Corp. board of directors has approved more than $48 million in grants, interest-free loans, and low-cost loans to support vital drinking water and wastewater infrastructure projects across New York state, including two local projects. The 2022 Enacted Budget adds a $500 million appropriation to support clean water, raising the […]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"yoast_head":"\r\nGlens Falls Scheduled To Get Low-Interest Funds For Water Main Infrastructure Work - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2021\/05\/glens-falls-scheduled-to-get-low-interest-funds-for-water-main-infrastructure-work\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Glens Falls Scheduled To Get Low-Interest Funds For Water Main Infrastructure Work - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"The New York State Environmental Facilities Corp. board of directors has approved more than $48 million in grants, interest-free loans, and low-cost loans to support vital drinking water and wastewater infrastructure projects across New York state, including two local projects. 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