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The Honolulu Advertiser
Updated at 2:32 p.m., Wednesday, October 15, 2008

Lingle releases $3.3M toward water project funds

Advertiser Staff

Governor Linda Lingle today released $3,326,000 for two state revolving funds, including $1,655,000 for the Water Pollution Control Revolving Fund and $1,671,000 for the Drinking Water Treatment Revolving Loan Fund.

The programs allow the state to qualify for federal grants and provide 20-year, low-interest construction loans (primarily to counties) to finance wastewater treatment and drinking water infrastructure projects across the state, a news release from Lingle's office states.

The funds were allocated under the federal Clean Water Act and Safe Drinking Water Act.

"My Administration is continually looking for ways to maximize federal funding for projects that will improve our state's infrastructure," Lingle said in a released statement. "These revolving funds offer just one example of how we're pursuing federal money."

The Department of Health reviews project requests submitted to the two revolving funds and makes loan selections based on the need for funding and readiness of the projects. The $1,655,000 and $1,671,000 released by Governor Lingle will be matched by federal allotments of $5,223,500 and $8,146,000, respectively.