- Associated Press - Monday, February 16, 2015

ALBANY, N.Y. (AP) - Five more communities in New York state have been approved for interest-free loans from the state to pay for water and sewer system upgrades.

The state’s Environmental Facilities Corp. approved $28 million worth of financing for the towns and villages on Thursday.

The village of Wappingers Falls in Dutchess County will receive a $14.8 million loan to pay for upgrades to its wastewater collection system. Saranac Lake in Franklin County will get $2.6 million for its sewer system.

The towns of Sullivan in Madison County and Hounsfield in Jefferson County along with the village of Hoosick Falls in Rensselaer County also received loans for either wastewater or drinking water projects.

Together, the communities will save an estimated $6 million by using the interest-free loans.



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