ATLANTA - The state has approved $43.1 million in loans for 26 water and sewer system projects in communities across Georgia, including two in the Augusta area.
Sardis and Warrenton will receive Clean Water State Revolving Fund loans totaling $930,000 and CWSRF subsidies totaling $2.14 million. Under the program, Sardis will use the funds to improve its wastewater treatment plant, and Warrenton will be working to enhance its wastewater collection system.
According to the financing terms of the program, 70 percent of the principal will be forgiven and the communities will pay three percent interest on a multi-year loan for the balance.
Officials said Tuesday that 23 of the projects were either fully or partially financed by the American Recovery and Reinvestment Act, for a total of $39 million in federal stimulus money.
Gov. Sonny Perdue said infrastructure investment creates jobs, and improving health and safety is critical to prosperity.
Among the largest projects, Gwinnett County gets a $2 million loan and a $3 million subsidy for a generator fueled by sewage gas to produce electricity for wastewater treatment.
Click here to read the complete list of projects funded by the program.