From The Greeley Tribune (Trevor Reid):
The funding includes about $10.6 million in clean water infrastructure and $14.3 million in drinking water state revolving loan funding.
“The State Revolving Fund programs are critical for Colorado as they have provided the ability to fund more than $1.2 billion for clean water and $600 million for drinking water infrastructure projects throughout the state,” Pat Pfaltzgraff, director of the state’s Water Quality Control Division, said in the release. “The SRF programs continue to help offset the $12 billion dollar funding gap.”
According to the release, Colorado’s water infrastructure projects also are funded with state match, repayments from State Revolving Fund loans and interest earnings. Key projects for wastewater treatment and drinking water State Revolving Fund loans include: $43 million to Evans for its new consolidated wastewater treatment plant, $320,000 to Larimer County’s Wonderview Condos Association to replace its collection system and $58 million to Breckenridge for an intake structure, raw water piping and a water treatment plant.
A federal-state partnership, the Clean Water State Revolving Fund provides financing for water quality projects through low-interest loans. The Drinking Water State Revolving Fund was created in 1996 and provides financial support to ensure safe drinking water.