HARRISBURG – State Senator Gene Yaw (R-23) today announced that several local grant and loan requests have been approved by the Commonwealth Financing Authority (CFA) in Bradford, Lycoming and Union Counties.
As part of the current round of funding initiatives, $5.327 million in grants, and a $2.3 million loan, has been approved for the 23rd District.
“It is critical that we provide the funding necessary for our municipal governments to make fundamental repairs and upgrades to existing infrastructure,” Yaw said. “I applaud all the applicants and local officials on receiving these important state investments.”
The CFA projects approved consist of:
$2,300,000 (Alternative and Clean Energy Program Loan) – REV LNG, LLC for the purchase of micro LNG production plant equipment located in Ridgebury Township. The company is planning to produce their own LNG in addition to hauling LNG for other producers.
$750,000 (PennWorks Grant) – Awarded to the Lycoming County Water and Sewer Authority for water system upgrades in Fairfield and Muncy Township(s).
$3,000,000 (PennWorks Grant) – Awarded to the Montgomery Water and Sewer Authority for water infrastructure improvements to support two companies located in Clinton Township.
$250,000 (Baseline Water Quality Data Program Grant) – Awarded to Lycoming County for the collection of private water supply samples throughout the County.
$1,250,000 (PennWorks Grant) – Awarded to the Gregg Township Municipal Authority for upgrades to the Allenwood waste water treatment plant in Gregg Township.
$77,000 (Watershed Restoration Protection Program Grant) – Awarded to the Union County Conservation District for Watershed Restoration and Protection funds to install Best Management Practices (BMP’s) in East Buffalo Township.
The CFA was established as an independent agency of the Commonwealth to administer Pennsylvania’s economic stimulus packages. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania’s economic growth.