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Governor Hochul Announces $135 Million for Local Water Infrastructure Projects Across New York State

Strategic Insights

— 2 min read

New York State Governor Kathy Hochul has made $135 million available to help communities across the state affordably undertake critical water and sewer infrastructure improvement projects. The funding, approved by the Environmental Facilities Corporation's Board of Directors, will support local governments in upgrading their water systems, replacing lead service lines, and removing emerging contaminants from drinking water without passing high costs on to ratepayers. These investments are aimed at protecting public health and the environment, reducing future risks, and supporting good-paying jobs.

Key Takeaways:

  • $135 million made available to support local water and sewer infrastructure projects across New York State.
  • Funding to be used for upgrading water systems, replacing lead service lines, and removing emerging contaminants from drinking water.
  • Projects to be undertaken in various regions, including Central New York, Finger Lakes, Long Island, Mid-Hudson, Mohawk Valley, North Country, Southern Tier, and Western New York.
  • Specific projects include:

+ Town of Southampton's new wastewater collection system and treatment plant in Riverside.

+ Village of Bath's lead service line replacement project.

+ City of Syracuse's new sanitary sewer main on Rann Avenue.

+ Various other projects in Rockland and Orange counties.

  • Funding comes from a combination of State and federal grants, including $19 million from the federal Infrastructure Investment and Jobs Act (IIJA).
  • EFC's Board of Directors also approved long-term interest-free financing for the Town of Chesterfield's drinking water project in the North Country, which is projected to save local ratepayers an estimated $11.3 million in interest payments over the life of the financing.
  • New York State has increased its nation-leading investments in water infrastructure, with over $3.4 billion in financial assistance from EFC for local water infrastructure projects in State Fiscal Year 2025 alone.

Statistics:

  • $135 million made available for local water and sewer infrastructure projects.
  • $19 million in federal funding from the Infrastructure Investment and Jobs Act (IIJA).
  • $11.3 million in estimated long-term debt service savings for the Town of Chesterfield's drinking water project.
  • $3.4 billion in financial assistance from EFC for local water infrastructure projects in State Fiscal Year 2025.

Sources:

  • Governor Kathy Hochul's office press release, dated October 30, 2022.
  • Environmental Facilities Corporation's press release, dated October 30, 2022.
  • New York State government website, dated October 30, 2022.
  • Environmental Bond Act funding.
  • New York State Energy Research and Development Authority (NYSERDA) website.
  • IIJA funding.
  • EFC's Board of Directors meeting minutes, dated October 30, 2022.

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