WASHINGTON, D.C. – October 12, 2015 – (RealEstateRama) — Trumbull County will construct sanitary sewer improvements on Ridge Road, while improving local water quality benefiting from a low-interest loan from Ohio EPA.
The loan will assist in installing new sewers along Ridge Road to serve an unincorporated area of Howland Township, currently relying on home sewage treatment systems, many of which are failing. The area contains small lot sizes and unsuitable soil for leach fields. The high cost to replace failing systems would not be cost-effective compared to a centralized system. The project will bring about significant health benefits by removing untreated sewage, which is a health hazard, from the local environment.
Created in 1989, the Water Pollution Control Loan Fund (WPCLF) provides below-market interest rate loans for communities to improve their wastewater treatment systems. The reduced interest rate on the $121,500 loan will save Trumbull County $70,500 compared to a conventional, market-rate loan.
Besides improvements to publicly owned treatment works, WPCLF loans have been provided for agricultural best management practices, home sewage system improvements, landfill closures and water quality-based storm water projects. The WPCLF provides technical assistance to public wastewater systems in a variety of areas from the planning, design and construction of improvements to enhancing the technical, managerial and financial capacity of these systems. WPCLF loans also make possible the restoration and protection of some of Ohio’s highest quality water bodies through the fund’s Water Resource Restoration Sponsor Program.
Ohio EPA’s revolving loan funds are partially supported by federal grants and designed to last indefinitely through repayment of loans and investments in bonds. The loan program is managed by Ohio EPA’s Division of Environmental and Financial Assistance, with assistance from the Ohio Water Development Authority. Ohio EPA is responsible for program development and implementation, individual project coordination, and environmental and other technical reviews/approvals of projects seeking funds. The Ohio Water Development Authority provides financial management of the fund.
More information about the WPCLF is available at: epa.ohio.gov/defa/EnvironmentalandFinancialAssistance.aspx.
The Ohio Environmental Protection Agency was created in 1972 to consolidate efforts to protect and improve air quality, water quality and waste management in Ohio. Since then, air pollutants dropped by as much as 90 percent; large rivers meeting standards improved from 21 percent to 89 percent; and hundreds of polluting, open dumps were replaced with engineered landfills and an increased emphasis on waste reduction and recycling.
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MEDIA CONTACT: Linda Fee Oros
CITIZEN CONTACT: Mike Settles