March 17, 2023
Contact: MaryAnna Peavey, Grants and Loans Bureau Chief, MaryAnna.Peavey@deq.idaho.gov
SHOSHONE COUNTY — The Idaho Department of Environmental Quality (DEQ) today announced the award of $130,254 in drinking water construction assistance to Murray Water Association in Shoshone County, Idaho.
The funding will be used for the installation of two new wells and transmission piping.
The loan from DEQ’s State Revolving Loan Fund, which is capitalized annually by grants from the United States Environmental Protection Agency, provides this funding with no repayment obligation. The favorable loan terms represent a $218,076 savings to the community when compared to the average costs from municipal general obligation debt issuances.