NEW LENOX – State Senators Michael Hastings and Patrick Joyce announced on Thursday that the Village of New Lenox is set to receive more than $1 million in water infrastructure funding.
“My commitment to upgrading our aging infrastructure includes accessible clean drinking water,” said Hastings (D-Frankfort). “These funds will go a long way in preventing leaky pipes, which in turn will lower the price of water delivery.”
The funds come from the Illinois EPA's State Revolving Fund Program, which includes the Water Pollution Control Loan Program and the Public Water Supply Loan Program. These programs provide low-interest loans to fund wastewater, stormwater and drinking water projects.
The Village of New Lenox will use the funds to replace 1,700 feet of 6-inch watermain with 8-inch watermain. The existing watermain is more than 40 years old and is prone to breaks.
“Through these projects, our community will make significant strides to provide access to clean drinking water for residents,” said Joyce (D-Essex). “I’m pleased to see this program at work for New Lenox.”
Projects are funded throughout the state through the Rebuild Illinois program, and recipients will receive an interest rate of 1.11% for both wastewater and drinking water loans. Find more information about Illinois EPA’s SRF program here.