201801.29
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City of Roswell Awarded Infrastructure Financing from the Georgia Environmental Finance Authority

Sen. John Albers (R – Roswell) is happy to announce that the City of Roswell was awarded a Clean Water State Revolving Fund (CWSRF) to construct new water treatment projects from the Georgia Environment Finance Authority (GEFA).

“I commend GEFA for awarding this important financing to our local community,” said Sen. Albers. “The City of Roswell has grown significantly in a recent number of years, and so have the needs of our citizens. This money will continue to keep infrastructure up-to-date so that the quality of life for Roswell residents continues to thrive.”

The City of Roswell will receive a $1 million CWSRF conservation loan to help finance the purchase of land along Holcomb Bridge Road for permanent conservation. The land is located within the Seven Branches Property and will connect existing parks and trails for passive recreation.

CWSRF loans originate from the United States Environmental Protection Agency (EPA). The program is funded jointly by the EPA and the state of Georgia. CWSRF loans are low-cost financing grants that fund wastewater infrastructure, water pollution control and infrastructure. Projects that receive funds pay back a small percentage interest on the loans rewarded.

For more information about GEFA and infrastructure loans, visit https://gefa.georgia.gov/.