August 1, 2022
Contact: MaryAnna Peavey, Grants and Loans Bureau Chief, MaryAnna.Peavey@deq.idaho.gov
BOISE — The Idaho Department of Environmental Quality (DEQ) today announced $200,000 in wastewater construction assistance to the Southside Water and Sewer District in Bonner County, Idaho.
The funding will be used to restore sewer lines to affected homes as a result of a mudslide.
The assistance from DEQ’s State Revolving Fund, which is capitalized annually by grants from the US Environmental Protection Agency, provides this funding with no repayment obligation. The favorable loan terms represent a $318,996 savings to the community when compared to average costs for municipal general obligation debt issuances.