DEQ awards $75,000 to Cave Bay Community Services, Inc., Kootenai County
Tuesday, September 10, 2019
Boise — The Idaho Department of Environmental Quality (DEQ) today announced the award of $75,000 in drinking water construction assistance to Cave Bay Community Services, Inc., in Kootenai County.
The funding will be used to replace a distribution line break that has led to a system-wide depressurization. Costs associated with filling and flushing the systems are also eligible.
The assistance from DEQ’s State Revolving Loan Fund, which is capitalized annually by grants from the Environmental Protection Agency, provides this funding with no repayment obligation. The favorable loan terms represent an $115,744 savings to the community when compared to average costs for municipal general obligation debt issuances.