EPA, New Jersey announce $588M in water infrastructure spending

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More than half a billion dollars in federal and state funds will go to nearly 30 water systems in New Jersey, serving about 6 million residents, or about two-thirds of the state's population, officials said Friday.

The combined federal and state funding of $588 million in low-interest loans will cover an array of projects: In Newark, the state's biggest city, some $25 million will go toward lead service line replacement; in suburban Philadelphia's Moorestown at the North Church Street Water Treatment Plant, where officials unveiled the funding on Friday, about $20 million will cover new filters to remove radium and other toxins from water; in rural Clinton, a water system is getting almost $3...

Environmental Protection Agency officials said the announcement demonstrated a partnership between the state and federal governments that will shore up water systems. EPA Assistant Administrator Radhika Fox also pointed to the $1 trillion bipartisan infrastructure law that Biden signed in November, though those funds are separate from the loans unveiled Friday.

Zimmer pointed to Moorestown, which he said has a good credit rating and could get a good rate from selling their own bonds on the market.

 

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