LOUISVILLE - The New York State Environmental Facilities Corp. (EFC) today approved $16.75 million in low-cost financing for drinking water improvements in the Village of Dryden, City of Rome and Town of Louisville, as well as a $2 million grant to Louisville.
These three-year loans, as well as the $2 million grant, come from the New York State Drinking Water State Revolving Fund. Jointly administered by EFC and the state Department of Health, the revolving loan program provides subsidized loans for the construction of new infrastructure and the repair of drinking-water systems across New York State.
Governor Cuomo, EFC and the New York State Department of Health (DOH) are pleased to assist these communities in providing safe, high quality water at an affordable cost, said Matthew J. Driscoll, EFCs President and CEO. Through New Yorks Drinking Water State Revolving Fund, communities throughout New York State are taking important steps to improve drinking water quality and protect public health for generations to come.
Access to safe and clean drinking water is a cornerstone to public health protection, said State Health Commissioner, Nirav R. Shah, M.D., M.P.H. The Drinking Water State Revolving Fund program continues to provide vital resources to New York communities, which enhance and improve public drinking water infrastructure.
For the Village of Dryden, EFC approved more than $4 million in low-cost loans for two drinking water projects. An arsenic removal treatment facility, a new Wellhead Building and a new groundwater supply well will be constructed with a $2.134 million interest-free loan and another short-term loan of $4.27 million at a subsidized market rate. Another three-year loan of $1.95 million will allow the Village to replace a water storage tank and watermains.
In Rome, the water treatment plant will be upgraded with new filters thanks to $5.4 million in short-term loans — $1.8 million at no-interest and $3.6 million at a subsidized market-rate. The project is the first phase of a system-wide upgrade for the City of Rome with new storage tanks and transmission mains planned for the future.
The Town of Louisville was granted a $7.275 million interest-free loan along with a $2 million grant for a new distribution system, storage tank and system consolidation.
This project will form the East Louisville Water District #3 in Louisville and the West Hatfield Water District in the Town of Norfolk – areas not currently served with public water. Some existing public water systems (grocery, convenience store and a housing complex) will be consolidated as a part of this project.