Tuesday, February 5, 2013

Texas awarded economic recovery funds for water infrastructure projects - Sacramento Business Journal:

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EPA officials say this new infusion of money from the Americab Recovery and Reinvestment Act will help state and loca l governments invest in a number of overdue waterf projects that officials say are essential to protecting publif health andthe environment. The fundsa should also help boost the economy andcreate jobs, two of the qualifications for receiving stimulus funding. “Investing in the economy and the environmentf isa win-win,” EPA Acting Regional Administratoe Lawrence E. Starfield says. “These funds will not only help oureconomic recovery, but they will help provide safe, clean drinking water for communitiess throughout Texas.
” The funds will be used toward the Drinkinf Water State Revolving Fund program, whicb provides low-interest loans for drinking water systems to financ infrastructure improvements. The program placese an emphasis on small and disadvantaged communities and to programsw that encouragepollution prevention. Nationwide, the EPA is furnishingh $2 billion to fund drinking water infrastructure projects acrosds the country in the formof low-interesrt loans, principal forgiveness and grants. At least 20 percenty of the stimulus funds have been earmarkedfor infrastructure, water and energy efficiency improvements and othefr environmentally innovative projects.

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