New York State Economic Development Council (NYSEDC)’s Post

New York State Environmental Facilities Corporation (EFC) Board of Directors approved $265 million in financial assistance for water infrastructure improvement projects across the state. The Board's approval authorizes municipal access to low-cost financing and grants to get shovels in the ground for critical water and sewer infrastructure projects. Of the project funding approved today, $30 million in grants from the federal Bipartisan Infrastructure Law (BIL) will help 30 communities across the state to inventory lead service lines in drinking water systems, a vital first step for starting replacement projects and protecting public health. The Board approved grants and financings to local governments from BIL, the Clean Water and Drinking Water State Revolving Funds (CWSRF and DWSRF), and grants already announced under the Water Infrastructure Improvement (WIIA) program. Leveraging BIL funding with the State’s investments will continue to empower local communities to make critical system improvements to safeguard public health, protect the environment, bolster communities’ climate readiness, and promote economic development. BIL funding for water and sewer infrastructure is administered by EFC through the State Revolving Funds. https://lnkd.in/dMJVZxYT

New York announces $265 million for water infrastructure projects

New York announces $265 million for water infrastructure projects

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