PENNVEST approves nearly $243 million for statewide water infrastructure projects
Pennsylvania officials on Wednesday announced that the Pennsylvania Infrastructure Investment Authority (PENNVEST) approved almost $243 million in grants and loans for 32 drinking water and wastewater projects in 23 counties.
The projects, Gov. Josh Shapiro's office said, encompass a wide variety of work including the replacement of lead service lines, rehabilitation of aging systems and the reduction of environmental contaminants.
Funding sources for the projects come from the commonwealth's Clean Water State Revolving Funds (CWSRF) and Drinking Water State Revolving Funds (DWSRF) programs as well as 2021's Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law.
"Since the inception of the State Revolving Fund, PENNVEST has approved in excess of $12.8 billion in clean water infrastructure projects," said PENNVEST Executive Director Robert Boos. "The revolving nature of the fund has proven to be highly successful. As we move forward, our focus will remain on supporting projects that continue to innovate and foster collaboration, ensuring we deliver even greater results for our communities."
“With the announcement of these approvals, it’s important to emphasize the significant milestone PENNVEST has reached, surpassing $1 billion in clean water infrastructure approvals within a single fiscal year for the first time,” said PENNVEST Chairman Dr. Brian Regli.
PENNVEST funding for water improvement projects originates from a combination of state funds approved by voters, Growing Greener funds, Marcellus Legacy funds, the Infrastructure Investment & Jobs Act, federal grant awards to PENNVEST from the U.S. Environmental Protection Agency under the Clean Water Act and the Safe Drinking Water Act Amendments, and recycled loan repayments from previous PENNVEST funding awards.
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