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Governor Andrew M. Cuomo has announced $26.3 million in grants and interest-free loans to support vital environmental improvement projects across the state.
The funding consists of $6.5 million in grants, part of $75 million recently awarded by Governor Cuomo for 45 statewide drinking water and wastewater infrastructure improvements, and $19.8 million in no-interest loans, which were approved today by the New York State Environmental Facilities Corporation’s Board of Directors.
In addition to this funding, Governor Cuomo’s 2016 Executive Budget proposal includes a total of $250 million in additional grant funding to support drinking water and wastewater infrastructure projects across the state, with half to be distributed to municipalities this year and the remaining half in 2017.
The $26.3 million in grants and interest-free loans from the Environmental Facilities Corporation includes a local project in the Town of Liberty: $2,412,027, including a $403,187 grant and a $2,008,840 interest-free loan for wastewater upgrades to the treatment plant to protect water quality in Loomis Creek and the Delaware River Basin.