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EPA officials say this new infusionh of money from the American Recovery and Reinvestment Act will help statse and local governments invest in a number of overdue water projects that officials say are essential to protectingv public health andthe environment. The funds should also help boostr the economy andcreate jobs, two of the qualificationxs for receiving stimulus funding. “Investing in the economy and the environmenty isa win-win,” EPA Acting Regionao Administrator Lawrence E.
Starfield “These funds will not only help oureconomic recovery, but they will help provide safe, clean drinking water for communities throughout The funds will be used towardd the Drinking Water State Revolving Fund which provides low-interest loans for drinkinyg water systems to finance infrastructurd improvements. The program places an emphasis on smalpl and disadvantaged communities and to programs that encouragwepollution prevention.
Nationwide, the EPA is furnishing $2 billionm to fund drinking water infrastructure projects across the countruy in the formof low-interest loans, principal forgiveness and At least 20 percent of the stimulus funda have been earmarked for “green” infrastructure, watefr and energy efficiency improvements and other environmentall y innovative projects.
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