Published April 4, 2022
The loans help communities keep water rates more affordable while addressing local water infrastructure challenges.
The U.S. Environmental Protection Agency announced it will help fund Oregon’s $70 million plan for key drinking water projects and $70 million plan to improve wastewater infrastructure.
In addition to this round of funding, Congress recently passed the Infrastructure Investment and Jobs Act /Bipartisan Infrastructure Law, which will inject another $92 million into Oregon’s two State Revolving Fund programs in 2022.
The EPA’s Drinking Water State Revolving Fund program provides below-market rate loans for the construction of drinking water treatment facilities and other projects and activities vital to ensuring the delivery of clean and safe drinking water at the tap. The loans help communities keep water rates more affordable while addressing local water infrastructure challenges. Similarly, the Clean Water State Revolving Fund helps states fund large wastewater and other water quality projects.
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