NASHVILLE, Tenn. (AP) - State officials say two Tennessee communities and three utility districts have been approved to receive more than $12 million in low-interest loans for water infrastructure improvements.
Gov. Bill Haslam and Tennessee Department of Environment and Conservation Commissioner Bob Martineau made the announcement this week.
The State Revolving Fund Loan Program provides loans that help communities, utility districts and water and wastewater authorities finance projects that protect Tennessee’s ground and surface waters and public health.
Loans are used to finance the planning, design and construction of water and wastewater facilities.
Recipients of the loans are located in DeKalb, Henry, Putnam, Tipton and Wilson counties.
Since its inception in 1987, the State Revolving Fund Loan Program has awarded more than $1.6 billion in low-interest loans.
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