The New York State Governor’s Office announced the Village of Fonda as the lead agency, and the Village of Fultonville Joint Wastewater Treatment Facility will receive long-term, no interest-free financing.
This is one of several initiatives the Village of Fonda is taking with the Village of Fultonville to improve our wastewater capabilities and to bring the facility within compliance.
In addition, we are preparing engineering plans for flood mitigation along Broadway Creek (Engineering Grant Funds Received from Montgomery County) and plans to improve the dam located at the Village’s water treatment facility as an ongoing effort to improve the dam’s safety and the water services for our customers.
Previous Funding for Clean Water Improvements
- $2,160,000.00 (Project Overall Cost ($3,600,000)
- $1,550,000.00
Once engineering plans are completed, we will continue to seek grant funding and financing for our local share requirements.
From the Governor’s Office
“Approval of Financial Assistance Authorizes Municipal Access to the Capital Needed for Shovel Ready Projects that Reduce Risks to Public Health and the Environment
Furthers the State’s Commitment to Safe and Clean Drinking Water for all New Yorkers
Governor Kathy Hochul today announced the Environmental Facilities Corporation Board of Directors approved $66 million in financial assistance for water infrastructure improvement projects. Today’s announcement marks the latest action to support upgrades to New York’s water and sewer systems, reduce water pollution, and safeguard vital drinking water supplies. The Board’s action authorizes municipal access to low-cost short-term financing and previously announced grants to move critical water and sewer infrastructure projects forward, including treatment processes to remove emerging contaminants from drinking water and modernizing aging systems and facilities. The Board also approved low-cost long-term financing for seven completed projects, providing debt relief through lower interest rates than if the municipalities had borrowed on their own.”
“Village of Fonda, Montgomery County – $814,950 long-term interest-free financing for sanitary sewer improvements.”
