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  • Writer: Andrew Napolitano
    Andrew Napolitano
  • Nov 2, 2023
  • 1 min read

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Massachusetts Clean Water Trust Board of Trustees members approves $47,005,405 in new loans and grants at its November meeting.


BOSTON – The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $47,005,405 in new low-interest loans and grants at its meeting on November 1, 2023. Below is information on the grants and loans approved at the meeting.


The Trust, in collaboration with the Massachusetts Department of Environmental Protection (MassDEP), helps communities build or replace water infrastructure that enhances ground and surface water resources, ensures the safety of drinking water, protects public health and develops resilient communities. It accomplishes these objectives by providing low-interest loans and grants to cities, towns and water utilities through the Massachusetts State Revolving Funds (SRFs). The SRF programs are partnerships between the United States Environmental Protection Agency and the Commonwealth of Massachusetts. SRFs function like an environmental infrastructure bank by financing water infrastructure projects in cities and towns across the Commonwealth.


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For More Information


For more information on our different loan programs, please visit the Programs page at https://www.mass.gov/programs and for more information on our Loan Forgiveness Program, please visit https://www.mass.gov/info-details/the-disadvantaged-community-program#loan-forgiveness-. To learn about past meetings or find project descriptions, please visit: https://www.mass.gov/service-details/2023-board-of-trustees-meeting-information. For information on how to apply for an SRF loan, please visit MassDEP’s website at https://www.mass.gov/lists/state-revolving-fund-applications-forms


About the Clean Water Trust


Since its establishment in 1989, the Trust has loaned nearly $8.6 billion to improve and maintain the quality of water in the Commonwealth. An estimated 97 percent of Massachusetts' residents have benefited from the financial assistance of the Trust.

 
 
 

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This is fantastic news for Massachusetts! Securing over $47 million in loans and grants for clean water infrastructure will truly benefit local communities. Makes you think about building things from scratch, like mastering resource management in Papa's Pizzeria . Ensuring clean water and serving up delicious virtual pizzas both require careful planning and execution. Glad to see the Trust's dedication to resilient and healthy environments.


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