EPA Announces $19,239,100 Recovery Act Funds for Wastewater Infrastructure Projects in Delaware to Boost Economy, Create Jobs and Protect the Environment
"Delaware now has unprecedented resources to fund more projects that will protect public health, upgrade infrastructure, and invigorate local economies," said William C. Early, acting administrator of EPA's mid-Atlantic region.
The Recovery Act funds will go to the state's Clean Water State Revolving Fund program. The Clean Water State Revolving Fund program provides low interest loans for water quality protection projects for wastewater treatment, non-point source pollution control, and watershed and estuary management. An unprecedented $4 billion dollars will be awarded to fund wastewater infrastructure projects across the country under the Recovery Act in the form of low interest loans, principal forgiveness and grants. At least 20% of the funds provided under the Recovery Act are to be used for green infrastructure, water and energy efficiency improvements and other environmentally innovative projects.
Since the Clean Water State Revolving Fund program began in 1987, EPA has awarded more than $26 billion in grants, which states have turned into $69 billion of financial assistance for water quality projects. The revolving nature of the program ensures water quality projects will be funded for generations to come.
President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA) on February 17, 2009 and has directed that the Recovery Act be implemented with unprecedented transparency and accountability.