June 12, 2025
Contact: MaryAnna Peavey, Grants and Loans Bureau Chief, maryanna.peavey@deq.idaho.gov
BOISE – The Idaho Department of Environmental Quality (DEQ) today awarded $695,250 in low-interest drinking water lead service line loan funding to the city of Arco in Butte County, Idaho.
The funding will be used to inventory and replace lead drinking water service lines.
The funding comes from the Infrastructure Investment and Jobs Act, otherwise known as the Bipartisan Infrastructure Law, which supports the inventory and replacement of lead service lines within a public drinking water system. The loan carries a simple 1% interest rate, is payable over 30 years, and has $424,395 in principal forgiveness. The favorable loan terms represent a $1,075,246 savings to the community when compared to average costs for municipal general obligation debt issuances.