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Revolving Fund Loan Commitments Announced

Thursday, April 15, 2010   (0 Comments)
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The Department of Natural Resources and Environment (DNRE) announced four new loan commitments today from the revolving fund programs to aid Michigan communities making needed infrastructure improvements. 

The Clean Water State Revolving Fund (CWSRF) and Strategic Water Quality Initiatives Fund (SWQIF) provide low-interest financing for local units of government to make needed improvements to wastewater collection and treatment facilities, while assistance from the Drinking Water Revolving Fund (DWRF) finances improvements to public drinking water systems. The loans announced today total $9,420,000. Funding infrastructure projects through the DNRE's programs allows communities to pass the savings along to users of their water and wastewater systems. The following cities will receive funding of this loan to ensure compliance with the requirements of the federal Safe Drinking Water Act and protect the public health of system users: Ann Arbor, Westland, Howell, and Grosse Pointe Woods. If you have any questions or comments, contact Rob Coppersmith at robcoppersmith@mi-ita.com or Doug Needham at douglasneedham@mi-ita.com or call them at the MITA office at 517-347-8336. 




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