The Town of Scriba in Oswego County and the Village of Potsdam in St. Lawrence County will use federal loans for projects focused on sewage and water.
Scriba was approved for a $15 million loan, while Potsdam will use a nearly $1.9 million loan, U.S. Senators Charles Schumer (D–N.Y.) and Kirsten Gillibrand (D–N.Y.) said.
The loans are part of nearly $38 million U.S. Department of Agriculture (USDA) Rural Development as part of the water and waste disposal loans and grants program.
(Sponsored)
Why ESG and Sustainability Reporting Matters for Your Business
As the landscape of financial reporting has evolved, the concept of environmental, social and governance (ESG) and sustainability has grown exponentially. In 2011, only 5% of S&P 500 companies reported
Fraud Contingencies Plans Are Essential
Your business likely has a disaster recovery plan in place—procedures for handling fires, natural disasters or other crises that could disrupt operations or endanger lives. While a fraud contingency plan
Recipients will use the funding to improve access to clean water, reliable sanitation, and water storage for firefighting purposes.
The Town of Scriba in Oswego will receive a loan of $15,011,000 that will benefit 875 residents and install a new sewage collection system; extend sewer service to residents and existing nuclear-power plants; and construct a new wastewater treatment facility.
The Village of Potsdam in St. Lawrence County will receive a loan of $1,895,000 that will benefit 9,428 residents and renovate the district’s water tank to improve quality and quantity of water.