FOR IMMEDIATE RELEASE: April 5, 2005
Schumer: Federal Dollars Coming To Village Of Van Etten
Funds will be used to Construct a Municipal Water System
US Senator Charles E. Schumer today announced that a $326,200 grant and a $100,000 loan was awarded to the Village of Van Etten to assist in constructing a municipal water system. The funds are being awarded through the United States Department of Agriculture's (USDA) Rural Development program as a Water and Waste Disposal Loan and Grant.
"This is great news for the Village of Van Etten," Schumer said. "The water system is critical to the livelihood of town residents and finding ways to make the system better will improve the quality of life in the area."
The rural development funds will be used to construct a municipal water system for the Village. Leveraging of Drinking Water State Revolving Fund (DWSRF) Loan of $1,639,800 and DWSRF Grant of $2,000,000. This project will serve around 263 users.
USDA Rural Development Water and Waste Disposal Loan and Grant program works to reduce water and waste disposal costs to a reasonable level for rural users. The Loan and Grant program also sends funds to help develop waste and waste disposal systems in rural areas and towns. Loans and grants can be used to construct, repair, modify, expand, and improve water supply and distribution systems; acquire needed land and water sources; and pay for legal and engineering fees when necessary to build facilities.