GEORGIA ENVIRONMENTAL FINANCE AUTHORITY AWARDS LOANS TO 12 GEORGIA COMMUNITIES
WASHINGTON, D.C – Congressman Sanford D. Bishop, Jr. (GA-02) is proud to share that the Georgia Environmental Finance Authority (GEFA) has awarded loans totaling $26.1 million to 12 Georgia communities, including two in Georgia’s 2nd Congressional District. The loans will finance infrastructure improvements for water, sewer, and solid waste treatment plants throughout the state.
The City of Damascus in Early County received a $403,000 Drinking Water State Revolving Fund (DWSRF) loan for improvements to the city’s water tank, including repainting and water main and leak repairs. The DWSRF loan is a federally-funded loan administered through GEFA that addresses health-related water supply and water conservation projects.
Fort Valley Utility Commission in Peach County received a $1,000,000 Clean Water State Revolving Fund (CWSRF) loan. This CWSRF funding will be used for a new oxygenation system at the Lanter Water Reclamation Facility. The new system is expected to improve the capacity of the facility from 1.7 million gallons per day to 2.2 million gallons per day. CWSRF loans are federally-funded loans administered through GEFA for projects that deal with water quality, conservation, and wastewater treatment, as well as repairs to sewer and storm water projects.
“Since 1985, the Georgia Environmental Finance Authority has diligently worked to preserve and enhance Georgia’s energy and water resources.” said Congressman Bishop. “I am grateful for the agency’s attention and dedication to enhancing water infrastructure in Middle and Southwest Georgia.”
GEFA has funded more than 1,500 projects and provided more than $3.5 billion in loans for water, solid waste, and sewer improvements since 1985. For the full list of communities awarded infrastructure loans, click here. For more information on CWSRF or DWSRF loans and how to apply, visit GEFA’s website.