The Coshocton County Beacon June 30, 2022 | Page 24

24 • The Beacon June 30 , 2022

SE Ohio Communities receive financing from EPA

Communities in Southeast Ohio are receiving approximately $ 9.9 million in low-interest and principal forgiveness funding from Ohio EPA to improve wastewater and drinking water infrastructure and make other water-quality improvements . Funding infrastructure projects and improving water quality across the state continues to be a priority of Gov . Mike DeWine ’ s administration . These loans — financed though the state ’ s revolving fund — were approved between Jan . 1 and March 31 . The lower interest rates will save these communities more than $ 3.6 million .
“ By investing in drinking water and wastewater infrastructure , we are working toward a better
quality of life for all Ohioans ,” DeWine said . “ Water issues exist everywhere , and these infrastructure projects help ensure that these community-level , basic public services are safe and reliable for generations to come .”
Statewide , Ohio EPA awarded approximately $ 269.8 million in loans during the first quarter of 2022 with more than $ 6 million in principal forgiveness . Combined , Ohio communities will save approximately $ 43.8 million when compared to market-rate loans . The projects aim to improve Ohio ’ s surface water quality and the reliability and quality of Ohio drinking water systems . This funding includes assistance to

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Ohio EPA financed approximately $ 797 million for public works projects in 2021 , saving communities more than $ 166 million in interest when compared to market-rate loans .
For the first quarter of 2022 , Coshocton County was one of several health departments , districts and county commissions to receive $ 150,000 in principal forgiveness loans for the repair and replacement of household sewage treatment systems .
Created in 1989 , the Water Pollution Control Loan Fund helps communities improve their wastewater treatment systems . The Water Supply Revolving Loan Account , started in 1998 , provides loans for improvements to community drinking water systems and nonprofit , noncommunity public water systems . Both programs offer below-market interest rate loans , which can save communities money compared to a market-rate loan .
Ohio EPA ’ s State Revolving Fund loans are provided to communities to build and upgrade wastewater and drinking water infrastructure , upgrade home sewage treatment systems , better manage storm water , address combined sewer overflows , and implement other water quality-related projects . Financial assistance helps support planning , design and construction activities and enhances the technical , managerial and financial capacity of these systems .
WPCLF loans also make possible the restoration and protection of some of Ohio ’ s highest quality water bodies through the fund ’ s Water Resource Restoration Sponsor Program .
Ohio ’ s SRF loan programs are partially supported by annual federal capitalization grants and have grown substantially over time because of the revolving nature of the loan issuance and payments back into the fund . The SRF programs are managed by the Ohio EPA Division of Environmental and Financial Assistance , with assistance from the Ohio Water Development Authority .
Ohio EPA is responsible for program development and implementation , individual project coordination , and environmental and other technical reviews / approvals of projects seeking funds . The Ohio Water Development Authority provides financial management of the SRF funds .
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