“Indiana is the first in the United States to get $436M in Federal Funds for Water Infrastructure”
On Thursday, April 19th, the Environmental Protection Agency (EPA) and Governor Eric Holcomb announced $436 in Federal Funding for Indiana water infrastructure.
The State of Indiana is the first in the nation to offer these low-interest loan programs to municipalities for the purpose of updating their aging water infrastructure. This will allow communities to utilize the interest rate savings for additional infrastructure projects such as lead line replacements. According to an article published in the Northwest Indiana Times, “the 2016 Indiana Finance Authority report stated that the state aging water infrastructure needs $2.3 billion in repairs to protect human health.”
|
