Several area municipalities will receive part of the 66-million dollars the New York State Environmental Facilities Corporation is providing in financial assistance for water infrastructure projects.
The Villages of Newark, Naples, and Odessa will each receive interest-free financing for their respective water projects. Wayland will receive not only interest-free financing, but also market-rate financing and a 750-thousand dollar WIIA grant for planning, designing and making improvements to its wastewater treatment plant.
The EFC is the state’s water infrastructure bank which helps fund these projects across the state.
“New York is steadfast in our commitment to providing every community with access to clean water,” Governor Hochul said. “This $66 million investment in statewide water infrastructure supports local communities with the resources and technical expertise to start these essential projects, which will protect public health and ensure that New Yorkers have safe, clean water for generations to come.”
Clean Water Project Funding Approved
- Village of Newark, Wayne County – $161,800 short-term interest-free financing, and $349,200 short-term interest-free financing with $511,000 grant from federal Bipartisan Infrastructure Law (BIL) General Supplemental funds for wastewater treatment plant disinfection improvements. Funding for water infrastructure from the BIL is administered by EFC through the State Revolving Funds.
- Village of Wayland, Steuben County – $1,125,000 short-term interest-free financing, $2,125,000 short-term market-rate financing and $750,000 WIIA grant for the planning, design and construction of wastewater treatment plant improvements.
- Village of Naples, Ontario County – $4,812,577 long-term interest-free financing for the planning, design and construction of a new collection system and wastewater treatment plant.
- Village of Odessa, Schuyler County – $4,071,125 long-term interest-free financing for the planning, design and construction of a new collection system and wastewater treatment plant.