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NY provides flood loans for municipal water works
ALBANY, N.Y. (AP) - Gov. Andrew Cuomo says the state will
provide $25 million in no-interest loans to municipalities to repair water works damaged by flooding from recent tropical storms. State Environmental Facilities Corp. President Matt Driscoll says that after inspections are complete, the loans could be sent to local governments within a week. They will be used to repair drinking water systems and sewage treatment plants. A municipality could get up to $1 million to assess and fix pump stations, electrical equipment, treatment facilities and other apparatus. The loans could also cover temporary emergency services. At one point on Friday, all three water systems in Broome County were off line after severe flooding triggered by remnants of Hurricane Lee. Lee and Tropical Storm Irene hit communities from the Adirondacks to the Southern Tier. |
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