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Massachusetts Clean Water Trust Board of Trustees approves $60,492,784 in new loans and grants at its August meeting

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The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $60,492,784 in new low-interest loans and grants at its meeting on August 7, 2024. Below is information on the grants and loans approved at the meeting.

The Trust, in collaboration with the Massachusetts Department of Environmental Protection (MassDEP), helps communities build or replace water infrastructure that enhances ground and surface water resources, ensures the safety of drinking water, protects public health and develops resilient communities. It accomplishes these objectives by providing low-interest loans and grants to cities, towns and water utilities through the Massachusetts State Revolving Funds (SRFs). The SRF programs are partnerships between the United States Environmental Protection Agency and the Commonwealth of Massachusetts. SRFs function like an environmental infrastructure bank by financing water infrastructure projects in cities and towns across the Commonwealth.

CLEAN WATER PROJECTS
Borrower Loan No. Amount Project Title Interest Rate
Orange CWP-21-52-A $109,751 North Main Street Water and Sewer Replacement 2%
Quincy CWP-23-48
CWP-23-48-A $7,127,778 FY24 Sewer & Drain Improvements 1.5%
Total $7,237,529
DRINKING WATER PROJECTS
Borrower Loan No. Amount Project Title Interest Rate
East Brookfield DWP-23-135 $9,501,583 West Street Iron and Manganese Water Treatment Plant 2%
Orange DWP-22-04A $212,068 North Main Street Water Main Replacement 2%
Raynham Center Water District DWPEC-23-143 $15,000,000 PFAS Water Treatment Plants 0%
Scituate DW-23-125 $15,000,000 Surface Water Treatment Plant 2%
Water Supply District of Acton DWEC-23-127 $10,351,769 PFAS Treatment at Central Acton Water Treatment Plant 0%
Total $50,065,420
ASSET MANAGEMENT PLANNING GRANTS
Grantee Grant No. Award
Hatfield DWA-24-36 $102,772
Hull CWA-24-13 $150,000
Total $252,772
LEAD SERVICE LINE PLANNING GRANTS
Grantee Grant No. Award
Chatham DWL-24-15 $97,047
Malden DWL-23-65 $1,919,912
Pittsfield DWL-24-34 $445,104
Winthrop DWL-24-25 $475,000
Total $2,937,063
For More Information
For more information on our different loan programs, please visit the Programs page at https://www.mass.gov/programs and for more information on our Loan Forgiveness Program, please visit https://www.mass.gov/info-details/the-disadvantaged-community-program#l…-. To learn about past meetings or find project descriptions, please visit: https://www.mass.gov/info-details/board-of-trustees-meeting-information. For information on how to apply for an SRF loan, please visit MassDEP’s website at https://www.mass.gov/lists/state-revolving-fund-applications-forms

About the Clean Water Trust
Since its establishment in 1989, the Trust has loaned nearly $8.6 billion to improve and maintain the quality of water in the Commonwealth. An estimated 97 percent of Massachusetts' residents have benefited from the financial assistance of the Trust.