A total of $85 million in low-interest loans is being earmarked to help a dozen Western New York municipalities improve the infrastructure for their waste-and drinking-water systems.
The financing, which comes from the state’s Clean Water State Revolving Loan Fund, will benefit 17 projects throughout Western New York and includes $13 million in loans for the Town of Tonawanda alone, officials with the state Environmental Facilities Corp. said .
The Town of Tonawanda will use the financing for a far-reaching program to abate numerous sanitary sewer overflows within the town’s collection system. Half the loan to Tonawanda is interest free, while the other half will be at the public benefit corporation’s current market rate.
The other projects in Western New York include: $4.7 million to the Village of Brocton; $9.4 million to the Buffalo Sewer Authority; $1.9 million to the Town of Cuba; $1 million to the Village of Cuba; $7.6 million to Erie County; $2.7 million to the Village of Hamburg; $9.5 million to the Town of Machias; $9.4 million to the Village of Silver Creek; $5.6 million to the Village of Westfield; $1.7 million to the Village of Wilson.
The board of the directors for the Environmental Facilities Corp. approved $1.3 billion in financing for more than 100 projects statewide, officials said.