Waterloo and Coulterville receive EPA loans for water systems

Illinois Environmental Protection Agency (Illinois EPA) Director John J. Kim recently announced the issuance of more than $571 million in water infrastructure loans to local governments and water districts for the fourth quarter of fiscal year 2023 (April – June 2023).

The Illinois EPA State Revolving Fund (SRF) Program provides low-interest loans which fund wastewater, stormwater and drinking water projects. More than $53 million in loan forgiveness was also provided to those recipients meeting the loan rules for either the Small Community Rate or Hardship Rate. In total for fiscal year 2023, Illinois EPA issued over $803 million in low-interest loans for water infrastructure. In addition to the SRF loans, Illinois provided nearly $54 million in funding for lead service line replacement over the last 12 months.

For more on the loans, please see this week’s print edition.