The purpose of this agreement is for a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), which provides funds for the recipient's clean water state…
The Environmental Protection Agency awarded an $80 million Formula Grant to the New Jersey Department of Environmental Protection under the Clean Water State Revolving Fund program (CFDA 66.458). The grant will capitalize New Jersey's Clean Water State Revolving Fund to provide low-interest financing to subrecipients for planning, designing, and constructing eligible water quality improvement and protection projects through June 2029. As the designated state authority, the New Jersey Department of Environmental Protection will administer loan awards and maintain an effective, self-sustaining revolving fund to enhance water quality and public health across the state. The Clean Water State Revolving Fund program aims to create sustainable financing sources for wastewater infrastructure through capitalization grants to participating states.
Description
As the agency reported it.
The purpose of this agreement is for a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), 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:subawards include loans under the clean water state revolving fund program.outcomes:the benefits of this grant will be 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.
City Of NewarkComprehensive structural evaluation and rehabilitation of approximately 350 miles of small diameter (less than 22-inch) sewers made of various materials…
$2,698,977
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Quick answers
Who received award 96220522?
96220522 was awarded to New Jersey Department Of Environmental Protection by EPA Region 2 (Regional Offices) on July 1, 2022.
How much is award 96220522 worth?
$80,003,000 has been obligated on 96220522: $72,730,000 in federal funding and $7,273,000 in non-federal funding.