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PA EPA AWARDS DRINKING WATER CAPITALIZATION GRANTS TO STATES UNDER NEW REVOLVING LOAN PROGRAM
Release Date: 10/09/98
FOR RELEASE: FRIDAY, OCTOBER 9, 1998
EPA AWARDS DRINKING WATER CAPITALIZATION GRANTS TO STATES UNDER NEW REVOLVING LOAN PROGRAM
On Sept. 25, 1998, EPA completed awarding to states a total of $1.275 billion in capitalization grants appropriated in 1997 for the new Drinking Water State Revolving Fund (DWSRF) program. The primary purpose of the DWSRF program, which was authorized by the l996 Safe Drinking Water Act Amendments, is to set up loan funds in each state to provide low interest loans and other assistance to eligible public water systems. These loans will help ensure improvements in the nation’s drinking water infrastructure, lead to increased public health protection and encourage greater compliance with drinking water regulations. The l997 capitalization grants have been awarded to all 50 states, the District of Columbia and Puerto Rico. In addition, $245 million in 1998 grants have been awarded to 30 states as of Oct. 5, 1998. Grants to Tribes and Territories are underway. States have made substantial progress in implementing the new DWSRF program, including developing plans that explain how to spend the funds, engage in public dialogue, and make a total of 248 loans or loan commitments totaling $594 million as of Sept. 30, 1998. The lists of 1997 and 1998 DWSRF capitalization grants are available on the Internet at: https://www.epa.gov/ogwdw. For further information, the general public can call EPA’s Safe Drinking Water Hotline at 1-800-426-4791.