Water Sector News

https://www.thereminder.com/localnews/springfield/springfield-and-epa-announce-water-infrastructure-/

SPRINGFIELD – The Springfield Water and Sewer Commission (SWSC) announced a $500 million infrastructure renewal program partially funded by the Environmental Protection Agency (EPA).

The announcement was made at an event at Bondi’s Island that included Congressman Richard E. Neal, Springfield Mayor Domenic J. Sarno, EPA Assistant Administrator Radhika Fox and Massachusetts Department of Environmental Protection Commissioner Martin Suuberg. SWSC Commissioner Vanessa Otero and Executive Director Josh Schimmel also spoke about the new deal.

The $500 million Water and Wastewater Infrastructure Renewal Program is receiving EPA support through the Water Infrastructure Finance and Innovation Act (WIFIA). WIFIA is providing a $250 million dollar loan that will save around $60 million in borrowing costs over 30 years, according to SWSC’s announcement.