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Governor Hochul announces $265 million investment to make water infrastructure projects affordable across New York

Published on August 26, 2024

Albany Capitol Plaza

ALBANY, NY- Governor Kathy Hochul has announced the New York State Environmental Facilities Corporation (EFC) Board of Directors approved $265 million in financial assistance for water infrastructure improvement projects across the state.

The Board's approval authorizes municipal access to low-cost financing and grants to get shovels in the ground for critical water and sewer infrastructure projects.

Of the project funding approved last-week, $30 million in grants from the federal Bipartisan Infrastructure Law (BIL) will help 30 communities across the state to inventory lead service lines in drinking water systems, a vital first step for starting replacement projects and protecting public health.

“Improving our water infrastructure is essential for building safe and healthy New York communities,” Governor Hochul said.

“This financial assistance makes all the difference in being able to provide safe drinking water to New Yorkers, protect our natural resources, and ensure the projects are successful and affordable.”

Local Clean Water Projects:

  • Town of Martinsburg - $1,366,200 interest-free and $378,400 market-rate financing from the CWSRF; a $148,814 WIIA grant; and a $106,586 WIIA grant from the Bond Act for the planning, design, and construction of wastewater treatment plant and collection system improvements.
  • Town of Webb - $706,023 interest-free and $1,706,023 market-rate financing from the CWSRF, and a $470,683 WIIA grant for the planning, design, and construction of wastewater treatment plant upgrades.

NYS Capitol image.

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