EPA announces $49.8M in stimulus funds for wastewater infrastructure projects in Kentucky
In a move that stands to create jobs, boost local economies, improve aging water infrastructure and protect human health and the environment for the people in the Commonwealth of Kentucky, the U.S. Environmental Protection Agency (EPA) has awarded $49,878,100 million to the Kentucky Infrastructure Authority...
ATLANTA, GA, Apr. 3, 2009 -- In a move that stands to create jobs, boost local economies, improve aging water infrastructure and protect human health and the environment for the people in the Commonwealth of Kentucky, the U.S. Environmental Protection Agency (EPA) has awarded $49,878,100 million to the Kentucky Infrastructure Authority. This new infusion of money will help the state and local governments finance many of the overdue improvements to wastewater projects that are essential to protecting public health and the environment across the state.
"This award is significant because it marks the first investment of EPA stimulus funds from the American Recovery and Reinvestment Act to Kentucky," said Stan Meiburg, Acting Regional Administrator in Atlanta. "With this investment, we are embarking on an unprecedented effort to create green jobs and protect human health and the environment."
The funds provided by the American Reinvestment and Recovery Act of 2009, will go to the state's Clean Water State Revolving Fund program. The Clean Water State Revolving Fund program provides low-interest loans for water quality protection projects for wastewater treatment, non-point source pollution control, and watershed and estuary management. An unprecedented $4 billion dollars will be awarded to fund wastewater infrastructure projects across the country under the Recovery Act in the form of low interest loans, principal forgiveness and grants. At least 20 percent of the funds provided under the Recovery Act are to be used for green infrastructure, water and energy efficiency improvements and other environmentally innovative projects.
Since the Clean Water State Revolving Fund program began in 1987, EPA has awarded more than $26 billion in grants, which states have turned into $69 billion of financial assistance for water quality projects. The revolving nature of the program ensures water quality projects will be funded for generations to come.
President Obama signed the American Recovery and Reinvestment Act of 2009 on February 17, 2009, and has directed that the Recovery Act be implemented with unprecedented transparency and accountability. To that end, the American people can see how every dollar is being invested at Recovery.gov.