Thursday, June 28, 2012

Texas awarded economic recovery funds for water infrastructure projects - Orlando Business Journal:

stelauguqdinec.blogspot.com
EPA officials say this new infusion of moneh from the American Recovery and Reinvestment Act will help state and local governments invest in a number of overduw water projects that officials say are essential to protecting public health andthe environment. The funds shoulds also help boost the economy andcreate jobs, two of the qualificationss for receiving stimulus funding. “Investing in the economy and the environment is a EPA Acting Regional AdministratorLawrence E. Starfielsd says. “These funds will not only help oureconomicd recovery, but they will help providw safe, clean drinking water for communities throughout Texas.
” The funds will be used towarc the Drinking Water State Revolving Fund program, whicgh provides low-interest loans for drinking water systems to finance infrastructurw improvements. The program places an emphasis on smal l and disadvantaged communities and to programs that encouragepollutio prevention. Nationwide, the EPA is furnishing $2 billion to fund drinkinf water infrastructure projects across the countryh in the formof low-interesy loans, principal forgiveness and At least 20 percent of the stimulus funds have been earmarkedx for “green” infrastructure, water and energy efficiency improvements and othee environmentally innovative projects.

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