Press Release: 2024-12-05
Massachusetts Clean Water Trust Board of Trustees approves $294,858,284 in new loans and grants at its December meeting.
Massachusetts Clean Water Trust Board of Trustees approves $294,858,284 in new loans and grants at its December meeting.
FOR IMMEDIATE RELEASE:
12/04/2024
MEDIA CONTACT
Andrew Napolitano, Communications Director, Office of State Treasurer and Receiver General
Phone
Online
BOSTON — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $294,858,284 in new low-interest loans and grants at its meeting on December 4, 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 |
| Massachusetts Water Resources Authority (MWRA) | CW-24-68 | $50,000,000 | Deer Island Treatment Plant Clarifier #2 | 2% |
| New Bedford | CWP-23-26 CWP-23-26-A | $2,160,758 | Sassaquin Pond Water Quality Improvements | 2% |
| Wareham | CWP-24-23 | $20,000,000 | Water Pollution Control Facility Improvements – Phase 2 | 2% |
| Yarmouth | CWP-23-03 CWP-24-67 CWP-24-67-A | $96,389,946 | Phase I - Water Resource Recovery Facility and Collection System | 0% |
| TOTAL | $168,550,704 | |||
| CLEAN WATER PROJECTS | ||||
|---|---|---|---|---|
| BORROWER | LOAN NO. | AMOUNT | PROJECT TITLE | INTEREST RATE |
| DRINKING WATER PROJECTS | ||||
|---|---|---|---|---|
| BORROWER | LOAN NO. | AMOUNT | PROJECT TITLE | INTEREST RATE |
| Braintree | DWPEC-24-75 | $10,000,000 | Tri-Town Regional Water Treatment Plant | 0% |
| Chatham | DWEC-24-23 | $3,139,033 | Training Field Road PFAS Water Treatment Plant | 0% |
| Eastham | DWP-24-85 | $2,312,449 | Eastham Water System – Phase 2E | 1.5% |
| Holbrook | DWPEC-24-77 | $3,200,000 | Tri-Town Regional Water Treatment Plant | 0% |
| Littleton | DWEC-23-136 DWEC-24-84 | $19,078,000 | Water Supply Main Extension Littleton/Boxborough | 0% |
| Lynnfield Center Water District | DWEC-24-82 | $3,831,850 | Glen Drive Water Treatment Plant and Station 2 Pipeline | 0% |
| Mattapoisett River Valley Water District | DWP-24-43 | $2,566,200 | Mattapoisett River Valley Water District Water Treatment Plant Upgrades | 2% |
| MWRA | DW-24-69 | $10,724,536 | Northern Intermediate High Section 89 Replacement | 2% |
| MWRA | DW-24-83 | $4,275,464 | Section 23, 24, 47 Water Mains Rehabilitation | 2% |
| New Bedford | DWP-24-78 | $2,732,677 | Quittacas Water Treatment Plant Upgrades | 2% |
| Randolph | DWPEC-24-76 | $6,800,000 | Tri-Town Regional Water Treatment Plant | 0% |
| Raynham Center Water District | DWPEC-24-73 | $14,920,000 | PFAS Water Treatment Plants | 0% |
| Scituate | DW-24-86 | $10,000,000 | Surface Water Treatment Plant | 1.5% |
| Sharon | DWEC-24-79 | $10,000,000 | Wells 2 & 4 Water Treatment Plant | 0% |
| Somerville | DWPLC-23-42 | $3,986,595 | Somerville LSL Replacement Program | 0% |
| Webster | DWPEC-24-81 | $10,000,000 | PFAS Water Treatment Plants | 0% |
| TOTAL | $117,566,804 | |||
| DRINKING WATER PROJECTS | ||||
|---|---|---|---|---|
| BORROWER | LOAN NO. | AMOUNT | PROJECT TITLE | INTEREST RATE |
| COMMUNITY SEPTIC MANAGEMENT PROGRAM | |||
|---|---|---|---|
| BORROWER | LOAN NO. | AMOUNT | INTEREST RATE |
| Avon | CWT-24-63 | $400,000 | 2% |
| COMMUNITY SEPTIC MANAGEMENT PROGRAM | |||
|---|---|---|---|
| BORROWER | LOAN NO. | AMOUNT | INTEREST RATE |
| ASSET MANAGEMENT PLANNING GRANTS | ||
|---|---|---|
| GRANTEE | GRANT NO. | AWARD |
| Belmont | DWA-24-44 | $65,775 |
| Bondsville Fire and Water District | DWA-24-38 | $34,000 |
| Danvers | CWA-24-38 | $105,000 |
| Freetown | DWA-24-71 | $123,240 |
| Hingham | DWA-24-74 | $150,000 |
| Medfield | CWA-24-70 | $150,000 |
| Orleans | DWA-24-66 | $36,000 |
| Somerset | DWA-24-87 | $51,780 |
| Southbridge | CWA-24-66 | $90,000 |
| TOTAL | $805,795 | |
| ASSET MANAGEMENT PLANNING GRANTS | ||
|---|---|---|
| GRANTEE | GRANT NO. | AWARD |
| LEAD SERVICE LINE PLANNING GRANTS | ||
|---|---|---|
| GRANTEE | GRANT NO. | AWARD |
| Boston Water and Sewer Commission | DWL-23-73 | $5,264,581 |
| Mansfield | DWL-24-28 | $640,000 |
| Marion | DWL-23-17 | $234,100 |
| North Adams | DWL-23-101 | $452,100 |
| North Chelmsford Water District | DWL-23-145 | $920,200 |
| TOTAL | $7,510,981 | |
| LEAD SERVICE LINE PLANNING GRANTS | ||
|---|---|---|
| GRANTEE | GRANT NO. | AWARD |
| SCHOOL WATER IMPROVEMENT GRANTS (SWIG) | |||
|---|---|---|---|
| SCHOOL | GRANT NO. | FIXTURES | AWARD |
| Austen Riggs Nursery School | SWIG-24-24 | 1 | $3,000 |
| St. Catherine of Siena School | SWIG-24-25 | 4 | $12,000 |
| St. Bernard’s High School | SWIG-24-26 | 3 | $9,000 |
| TOTAL | $24,000 | ||
| SCHOOL WATER IMPROVEMENT GRANTS (SWIG) | |||
|---|---|---|---|
| SCHOOL | GRANT NO. | FIXTURES | AWARD |
For More Information
For more information on our different loan programs, please visit the SRF Programs page at https://www.mass.gov/srf-programs and for more information on our Loan Forgiveness Program, please visit https://www.mass.gov/info-details/the-disadvantaged-community-loan-forgiveness-program. 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 $9.1 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.