ATLANTA - Governor Sonny Perdue announced today the approval of three Georgia Fund commitments totaling $5,410,842, one Drinking Water State Revolving Fund commitment of $2,933,874, and one water reuse grant of $300,000. The Georgia Environmental Facilities Authority Executive Committee approved the loans and grant to help finance water, sewer and solid waste infrastructure projects for Lamar County, the Middle Georgia Regional Solid Waste Authority, and the cities of Springfield, Woodstock and Hinesville.
"Infrastructure improvements increase the quality of life for Georgia citizens, and they help cities and counties create jobs and promote economic development," Perdue said. "I'm pleased these investments are being made in water, sewer, and solid waste infrastructure."
"GEFA's programs are a tangible commitment by Governor Perdue and the General Assembly to assist local governments across the state with their efforts to provide clean water, sewer, and solid waste improvements," said GEFA Executive Director Chris Clark. "In addition to the public's health and safety, these projects are critical to a community's ability to prosper economically."
Clark expressed appreciation to Governor Perdue and the Georgia General Assembly for their support. He credited Governor Perdue's commitment to helping Georgia cities and counties finance infrastructure development as one of the main contributors to GEFA's success. Governor Perdue recommended and the General Assembly approved Amended FY2008 and FY2009 budget appropriations of $120 million for water infrastructure and reservoir development.
"The projects that we agreed to finance today illustrate how GEFA helps communities of all sizes, in all areas of the state," said J.C. Warren, chairman of the GEFA board of directors and a member of the Screven County board of commissioners. "From the smallest of communities to the largest, GEFA is investing in communities that are willing to invest in themselves."
GEFA helps communities prepare for economic growth and development through the provision of low interest loans and grants. The Georgia Fund is a state funded loan program administered by GEFA for water, wastewater and solid waste infrastructure projects. The loan program has maximum flexibility and accessibility, providing fast loan approvals. The Georgia Fund finances loans to local governments for projects such as water and sewer lines, treatment plants, pumping stations, wells, water storage tanks and water meters. Low interest loans from this program range from $20,000 to $50 million. The DWSRF is a federal loan program administered by GEFA for drinking water infrastructure projects.
"Infrastructure improvements increase the quality of life for Georgia citizens, and they help cities and counties create jobs and promote economic development," Perdue said. "I'm pleased these investments are being made in water, sewer, and solid waste infrastructure."
"GEFA's programs are a tangible commitment by Governor Perdue and the General Assembly to assist local governments across the state with their efforts to provide clean water, sewer, and solid waste improvements," said GEFA Executive Director Chris Clark. "In addition to the public's health and safety, these projects are critical to a community's ability to prosper economically."
Clark expressed appreciation to Governor Perdue and the Georgia General Assembly for their support. He credited Governor Perdue's commitment to helping Georgia cities and counties finance infrastructure development as one of the main contributors to GEFA's success. Governor Perdue recommended and the General Assembly approved Amended FY2008 and FY2009 budget appropriations of $120 million for water infrastructure and reservoir development.
"The projects that we agreed to finance today illustrate how GEFA helps communities of all sizes, in all areas of the state," said J.C. Warren, chairman of the GEFA board of directors and a member of the Screven County board of commissioners. "From the smallest of communities to the largest, GEFA is investing in communities that are willing to invest in themselves."
GEFA helps communities prepare for economic growth and development through the provision of low interest loans and grants. The Georgia Fund is a state funded loan program administered by GEFA for water, wastewater and solid waste infrastructure projects. The loan program has maximum flexibility and accessibility, providing fast loan approvals. The Georgia Fund finances loans to local governments for projects such as water and sewer lines, treatment plants, pumping stations, wells, water storage tanks and water meters. Low interest loans from this program range from $20,000 to $50 million. The DWSRF is a federal loan program administered by GEFA for drinking water infrastructure projects.