More than $8 million in New York State Environmental Facilities Corp. grants and low-interest loans is flowing to two Long Island wastewater projects.
The funds – made available through a combination of grant awards and zero- and low-interest loans provided by the EFC – are part of $40 million in wastewater support announced Thursday by the Facilities Corp.’s Board of Directors.
The Town of North Hempstead received a package totaling $1.9 million – including a $450,000 New York State Water Grant, authorization for a $742,500 zero-interest loan and authorization for a $742,500 low-interest loan – to finance the planning, design and construction required to abandon the Beach Park Septic System and connect to the Port Washington Sewer District Collection System.
The bigger stipend went to the Village of Northport, which snagged a $6.2 million gift basket including a $312,500 state grant and two attractive EFC loan offers: zero interest on $915,800 and low interest on $5 million. The funds would cover the design and construction of the Beach Street Pump Station and other sewer-related work.
All told, the Environmental Facilities Corp. approved financial assistance for seven wastewater projects across the state, including more than $15.6 million for three town- and county-level projects in the Mid-Hudson region and $16.2 million for two wastewater efforts in the North Country’s Village of Lowville.
Environmental Facilities Corp. President and CEO Sabrina Ty trumpeted Albany’s “unprecedented steps to ensure that water-quality and public-health projects continue to move forward.”
“The combination of grants and low-cost loans on projects not only makes them more affordable, but will also provide meaningful taxpayer savings,” Ty said in a statement announcing the funding packages.
Gov. Andrew Cuomo, who included the $2 billion Clean Water Infrastructure Act of 2017 in his FY2018 Executive Budget, said Thursday Albany’s “major investments” in clean-water infrastructure were “creating a stronger, healthier New York for generations to come.”
“This funding will support local wastewater infrastructure projects that protect the environment, create jobs and bolster resiliency in communities across New York,” the governor added.