Provides funds to pennvest for a capitalization grant, which provides funds for the recipient's clean water state revolving fund (CWSRF) program

The Environmental Protection Agency awarded a $54,999,600 Formula Grant to the Pennsylvania Infrastructure Investment Authority (Pennvest) under the Clean Water State Revolving Fund program. The grant capitalizes Pennvest's Clean Water State Revolving Fund to provide low-interest financing to subrecipients for planning, design, and construction of eligible water quality improvement and protection projects through June 2029. Two subawards will rehabilitate sewer infrastructure for the Pittsburgh Water and Sewer Authority, reducing overflows to waterways, and demolish and reconstruct structures at the Manayunk Canal intake for the City of Philadelphia's water treatment facilities, improving drinking water quality.

Description

The purpose of this agreement is to provides funds to pennvest for a capitalization grant, which provides funds for the recipient's clean water state revolving fund (CWSRF) program. Activities:the activities are to provide low interest financing to numerous subrecipients for costs associated with the planning, design, and construction of eligible water quality improvement and protection projects.subrecipient:no subawards are included in this assistance agreement.outcomes:the benefit of this grant is to capitalize the recipient's CWSRF. The expected outcomes are to establish and manage an effective comprehensive CWSRF program and to maintain a self-sustaining revolving fund to improve and protect water quality and public health for citizens throughout the state. The beneficiaries of this agreement are the citizens of the commonwealth of pennsylvania.