Wednesday, July 20, 2016

PennVEST Funds $68.1 Million In Water Infrastructure Projects In 14 Counties

Gov. Tom Wolf Wednesday announced the approval of $68.1 million in funding for 20 drinking water, wastewater and nonpoint source projects across 14 counties by the PA Infrastructure Investment Authority.
“The PennVEST Board of Directors today continued its commitment to improving the drinking water consumed every day by citizens all across Pennsylvania while also helping to improve the quality of the Commonwealth’s remarkable system of rivers and streams”, said Gov. Wolf. ”These otherwise expensive projects are brought within the financial reach of the communities who received assistance today, due to the low interest rates and grants that PennVEST is able to offer its funding recipients.”
Of the $68.1 million, $46.8 million is allocated for low-interest loans and $21.3 million is awarded through grants.
Click Here for a list of projects funded.
The funding comes from a combination of state funds approved by voters, federal grants to PennVEST from the Environmental Protection Agency and recycled loan repayments from previous PennVEST funding awards.
Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PennVEST.
Upcoming Deadlines
The next deadlines to apply for PennVest funding are--
-- August 10 for the October 19 PennVEST Board meeting;
-- November 2 for the January 25 meeting;
-- February 8 for the April 19 meeting; and
-- May 3 for next scheduled PennVEST Board meeting.
For more information on funding opportunities, visit the PennVEST website or call 717-783-6798.

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