FOR IMMEDIATE RELEASE: April 19, 2012
SCHUMER ANNOUNCES VILLAGE OF CAPE VINCENT TO RECEIVE NEARLY$2.7 MILLION IN FEDERAL INVESTMENT TO MAKE IMPROVEMENTS TO WATER SYSTEM
Loan Coming to Cape Vincent Through USDA Rural Development Program
Funding Will Update Water System to Benefit Residents and Businesses
Schumer: This Investment Will Improve Quality of Life, Spur Economic Development in This Rural Community
Today, U.S. Senator Charles E. Schumer announced that the Village of Cape Vincent in Jefferson County has received a Water and Waste Disposal Loan totaling $2,695,000 from the U.S. Department of Agriculture – Rural Development program. The funding will be used to add a fourth filter to the Village’s water treatment facility, and will expand the plant and allow more development and economic opportunities for residents and businesses.
"Efficiently supporting our rural communities with funding for clean water and sewer repairs is pivotal for our community and our economy,” said Schumer. “Funding water-quality projects in the Village of Cape Vincent will boost public health and bring infrastructure jobs to the region, which will spur local economic development.”
“Senator Schumer brought home a real win for Cape Vincent with the announcement of these funds today,” said Tim Maloney, Mayor of Cape Vincent. “These funds will allow us to expand our treatment plant and our vision for the Cape Vincent area. With this additional filter, more water will flow into our neighboring communities, paving the way for future development.”
Cape Vincent will be adding a fourth filter to their water treatment plant, which currently has three. The plant built in the mid-90’s serves Cape Vincent and the western regional water lines nearby. This money will allow for more development in those areas, and in Cape Vincent. Schumer stated that now the Village will have the capacity to expand the water lines and the plant, thereby expanding residential and commercial opportunities.
The funding is part of the USDA Rural Development annual budget. USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. Rural Development fosters growth in homeownership, finances business development, and supports the creation of necessary community and technology infrastructure.