Warren City Receives $24M through State Grant, Low Interest Loan On January 22, 2013
The City of Warren today has been awarded $24 million through a grant and low interest loan to complete a wastewater treatment plant and pump stations improvement project that will protect local water supplies, according to Senator Joe Scarnati.
Scarnati said this major funding initiative was awarded through the Pennsylvania Infrastructure Investment Authority (PENNVEST) program. The total amount of the project is $24,525,000. Of that amount $4,508,277 of the funding will be awarded as a grant, $19,491,723 in the form of a low interest loan and $525,000 from the local contribution.
The City of Warren’s wastewater treatment facility serves four municipalities. This extensive improvement project will bring the City of Warren into compliance with Pennsylvania’s Clean Water Act and Clean Streams Act. According to Scarnati, the project will promote local economic development through the creation of 100 new jobs.
The project will also deeply impact the community by providing for updates to the system to eliminate residents and local business owners from experiencing sewage backups into basements of homes and commercial buildings, which have occurred during severe wet weather events.
“This PENNVEST financing is an extremely significant investment in our region,” Scarnati said. “The project provides for crucial updates that will protect our local water supplies and public health and ensure that our streams are not polluted. I am confident that these important modernizations to the wastewater treatment plant and pump stations will strengthen local infrastructure and protect our environment.”
The PENNVEST program is funded through the use of federal support and prior bond issues by the state.