Monday, December 18, 2017

EPA gives Oklahoma $10.79 million for Clean Water Revolving Loan Fund

EPA gives Oklahoma $10.79 million for Clean Water Revolving Loan Fund
EPA gives Oklahoma $10.79 million for Clean Water Revolving Loan Fund
The Environmental Protection Agency (EPA) recently provided $10.79 million for Oklahoma’s Clean Water Revolving Loan Fund (CWSRF), which the Oklahoma Water Resources Board will use to help communities in the state finance projects to improve their local water quality.
 
Using the funding from the EPA, the Oklahoma Water Resources Board will be able to issue low-interest, flexible loans to communities in need of wastewater infrastructure improvements. These loans allow the communities to undertake projects at significant savings as compared to conventional market rate loans.
 
Improving wastewater infrastructure can benefit communities through improving water quality in their local waterways and benefitting the aquatic habitats dependent on them. Improvement projects can also protect recreational usage of waterways, preserve drinking water sources and improve public health in the area by reducing the risk of hazards like raw sewage discharges.
 
The CWSRF has been assisting states fund projects in their communities for more than 25 years, providing approximately $105.4 billion through 34,900 loans since 1987.

Organizations in this story

Environmental Protection Agency Region 6 1445 Ross Avenue, Suite 1200 Dallas, TX - 75202

Get notified the next time we write about Environmental Protection Agency Region 6!