Texas awarded economic recovery funds for water infrastructure projects - Austin Business Journal:

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EPA officials say this new infusiobn of money from the American Recovery and Reinvestment Act will help state and local governments invest in a numbee of overdue water projects that official say are essential to protecting public healtnh andthe environment. The funds should also help boosr the economy and create two of the qualifications for receivingstimulusd funding. “Investing in the economy and the environmentg isa win-win,” EPA Acting Regional Administrato Lawrence E. Starfield says. “These funda will not only help oureconomicx recovery, but they will help providwe safe, clean drinking watet for communities throughout Texas.
” The fund will be used toward the Drinking Water State Revolving Fund which provides low-interest loans for drinking water systems to financw infrastructure improvements. The program places an emphasis on small and disadvantagef communities and to programs that encouragepollution Nationwide, the EPA is furnishing $2 billion to fund drinkingv water infrastructure projects across the country in the form of low-interesr loans, principal forgiveness and grants. At least 20 percentf of the stimulus funds have been earmarkexfor “green” infrastructure, water and energy efficiency improvementsx and other environmentally innovative projects.