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MEDIA CONTACT: Anthony Chenault
CITIZEN CONTACT: Darla Peelle
East Liverpool Developing Asset Management Plan with Ohio EPA Assistance
East Liverpool is developing an asset management plan for the city’s water system with an interest-free loan from Ohio EPA.
The loan will finance mapping and financial analysis, to help the city better manage water system assets and avoid service disruptions.
Created in 1998, the Water Supply Revolving Loan Account (WSRLA) provides below-market interest rate loans for improvements for community drinking water systems and nonprofit, noncommunity public water systems. East Liverpool is receiving a total of $22,197 in funding. Of this, $12,197 is an interest free loan from Ohio EPA and the remaining $10,000 is in principal forgiveness.
Ohio EPA’s state revolving fund (SRF) loans are provided to communities to build and upgrade
wastewater and drinking water infrastructure, upgrade home sewage treatment systems, better manage storm water, address combined sewer overflows and implement other water quality-related projects. Financial assistance helps support planning, design and construction activities and enhances the technical, managerial and financial capacity of these systems. Water Pollution Control Loan Fund loans also make possible the restoration and protection of some of Ohio’s highest quality water bodies through the fund’s Water Resource Restoration Sponsor Program.
Ohio’s SRF loan programs are partially supported by annual federal capitalization grants and have grown substantially over time because of the revolving nature of the loan issuance and payments back into the fund. The SRF programs are managed by Ohio EPA’s Division of Environmental and Financial Assistance, with assistance from the Ohio Water Development Authority. Ohio EPA is responsible for program development and implementation, individual project coordination, and environmental and other technical reviews/approvals of projects seeking funds. The Ohio Water Development Authority provides financial management of the SRF funds.
More information about the SRF loan program is available at: epa.ohio.gov/defa/EnvironmentalandFinancialAssistance.aspx.
The Ohio Environmental Protection Agency was created in 1972 to consolidate efforts to protect and improve air quality, water quality and waste management in Ohio. Since then, air pollutants dropped by as much as 90 percent; large rivers meeting standards improved from 21 percent to 89 percent; and hundreds of polluting, open dumps were replaced with engineered landfills and an increased emphasis on waste reduction and recycling.