June 3, 2025
Contact: MaryAnna Peavey, Grant and Loan Bureau Chief, maryanna.peavey@deq.idaho.gov
BOISE – The Idaho Department of Environmental Quality (DEQ) today awarded $500,000 in low-interest drinking water lead service line loan funding to the city of Soda Springs in Caribou County, Idaho.
The funding will be used to replace eligible appurtenances, which include lead service lines, galvanized lines requiring replacement, lead goosenecks, pigtails, and connectors.
This funding comes from the Infrastructure Investment and Jobs Act, otherwise known as the Bipartisan Infrastructure Law, which supports inventorying and replacing lead service lines within a public drinking water system. The loan carries a simple 1% interest rate, is payable over 30 years, and has $305,211 of principal forgiveness. The favorable loan terms represent a $772,474 savings to the community when compared to average costs for municipal general obligation debt issuances.