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Wednesday, April 15, 2009

$ to Finish STRP / $ for STRP Victims

EPA Announces More Than $132 Million In Stimulus Funds for Wastewater Infrastructure Projects in Florida to Boost Economy, Create Jobs and Protect the Environment

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 State of Florida, the U.S. Environmental Protection Agency (EPA) has awarded $132,286,300 million to the Florida Department of Environmental Protection. This new infusion of money will help the state and local governments finance many of the overdue improvements to wastewater projects that are essential for 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 Florida,” said Stan Meiburg, EPA Acting Regional Administrator in Atlanta. “With this investment, we are embarking on an unprecedented effort to protect human health and the environment and create green jobs.”

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 Feb. 17, 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.

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