During, the second quarter of EFC’s fiscal year, commencing in July and ending on September 30, the Board of Directors of the New York State Environmental Facilities Corporation (EFC) has approved $497.5 million in grants and interest-free and low-cost loans to support vital wastewater and drinking water infrastructure projects throughout New York State.
“Strengthening our water systems is critical for improving the quality of life for communities across the state,” said Sabrina Ty, President & CEO of the Environmental Facilities Corporation. “EFC remains committed to working in partnership with these municipalities and others throughout the state to safeguard our water resources and achieve a higher quality of life for our citizens.”
The EFC Board of Directors has approved $497.5 million in financial assistance for drinking water and wastewater projects in Upstate New York and Long Island. This funding includes nearly $13.6 million in grants that were part of the first two rounds issued pursuant to the New York State Water Infrastructure Improvement Act (WIIA) of 2015.
Funds under WIIA were increased in the 2016-17 New York State budget, allowing EFC to broaden eligibility for wastewater projects and increase the maximum grant amount for drinking water projects from $2 million to $3 million, or 60 percent of eligible projects costs – whichever is less. The 2nd Round of awards were announced by Governor Cuomo in a series of seven regional Press Releases.
Recently approved local projects include:
- Village of Marcellus (Onondaga County) – $5.6 million ($1.4 million New York State Water Grant and $4.2 million interest-free loan) to finance costs associated with the planning, design and construction of the Village of Marcellus Wastewater Treatment Plant (WWTP) upgrade. The project will produce higher quality effluent discharged to Ninemile Creek and Onondaga Lake.
- City of Middletown (Orange County) – $1.3 million ($150,000 grant and $1.2 million interest-free loan) to finance costs associated with the planning, design and construction of sewage collection system improvements to correct infiltration and inflow conditions.
- Nassau County — $41.7 million ($2.95 million interest-free base program loan, $2.95 million low-interest loan, $8.9 million SMLP grant, and $26.8 zero-interest SMLP loan) to finance costs associated with the planning, geotechnical, permitting and design of the diversion of treated effluent from Bay Park Sewage Treatment Plant to the existing outfall at Cedar Creek Water Pollution Control Plant. The proposed diversion will replace Bay Park’s outfall to Reynolds Channel during dry and most wet-weather events. The diversion is a key component of the County’s long-term resiliency plan.
- NYSERDA — $32.6 million to finance energy efficiency loans through the Green Jobs-Green New York (GJGNY) Act of 2009. The GJGNY Program is a statewide program that offers benefits and incentives to help make energy efficiency improvements affordable for New York State homeowners by rehabilitating and/or reconstructing existing residences in New York State to complete such energy efficiency improvements and upgrades.
- Onondaga County — $3.9 million low-interest loan to finance costs for the planning, design, and construction of Phase II of the Clinton Combined Sewer Overflow (CSO) Abatement Project.
- Onondaga County — $372,788 low-interest loan to finance costs to install green infrastructure practices at the Southwest Community Center, located on South Avenue in the City of Syracuse, to infiltrate stormwater runoff and reduce flows to the City’s combined sewer system.
Each year, EFC invests nearly $800 million to fund water quality improvements through New York’s Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF), the largest and most active revolving loan funds in the nation.