U.S. EPA and the Sanitation Districts Celebrate $568 Million in Low-Interest Loans
On May 23, senior officials from the U.S. Environmental Protection Agency (EPA), the State Water Resources Control Board (SWRCB), and the Los Angeles County Sanitation Districts held an event to celebrate $441 million in Water Infrastructure Finance and Innovation Act loans and $127 million in State Revolving Fund loans for the Clearwater Project. These loans will save our ratepayers $150 million compared to using municipal bonds. Speakers at the event included Sanitation Districts General Manager Robert Ferrante, Sanitation Districts Chairwoman Cathy Warner, EPA Assistant Administrator Radhika Fox and SWRCB Chairman Joaquin Esquivel. Officials also toured the construction site and saw parts of the 18-foot diameter tunnel, of which 2.5 miles have been completed.