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Millis/Medway - Local Town Pages

Millis receives no-interest loan from Massachusetts Clean Water Trust Board of Trustees  

The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $73,733,811 in new low-interest loans and grants at its meeting on Jan. 8, which included $3,615,499 for the Town of Millis for PFAS upgrades at the Village Street Water Treatment Plant. 
The Millis loan has a zero percent interest rate. 
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 (SRFs). The SRF programs are partnerships between the United States 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. 

Press release submitted by the Massachusetts State Treasury