The Massachusetts Clean Water Trust’s Board of Trustees approved $104,199,464 in new low-interest loans and grants at its recent meeting.
The Trust, in collaboration with the Massachusetts Department of Environmental Protection, helps communities build or replace water infrastructure that enhances ground and surface water resources, ensures the safety of drinking water, protects public health, and develops resilient communities.
It accomplishes these objectives by providing low-interest loans and grants to cities, towns, and water utilities through the Massachusetts State Revolving Funds. The SRF programs are partnerships between the U.S. Environmental Protection Agency and the Commonwealth of Massachusetts. SRFs function like an environmental infrastructure bank by financing water infrastructure projects in cities and towns across the Commonwealth.
The SRF program encourages cybersecurity assessments through its Asset Management Planning Grant activities, as well as offers financing for cybersecurity-related equipment and software.
There were two cybersecurity improvement grants given out, totaling $81,500. Peabody earned $50,000, and Yarmouth got the remaining $31,500.
