Massachusetts commits $1 billion+ in SRF funding for water infrastructure upgrades
(UI) — Massachusetts officials announced plans to provide more than $1 billion in State Revolving Fund (SRF) financing to support 70 drinking water and wastewater infrastructure projects statewide.
The funding, delivered through the Clean Water and Drinking Water SRF programs, will support system upgrades, treatment improvements and replacement of aging infrastructure, along with projects targeting PFAS removal and lead service line replacement.
Approximately $728 million will be allocated through the Clean Water SRF for wastewater and sewer-related work, including new construction, ongoing projects and programs addressing sewer overflows, reuse and emergency needs. An additional $434 million is expected through the Drinking Water SRF to fund treatment plant upgrades, filtration systems and distribution improvements.
Major projects include interceptor and storage improvements, wastewater treatment facility upgrades and new water treatment infrastructure across multiple municipalities.
Officials said the low-interest financing and loan forgiveness structure is intended to help communities advance critical infrastructure upgrades while minimizing rate impacts for customers.
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