Georgia Environmental Finance Authority (GEFA) Executive Director Phil Foil announced last week the approval of a Drinking Water State Revolving Fund (DWSRF) loan of $700,000 for the Nicholson Water Authority.
The loan, approved by the GEFA executive committee, will allow the authority to finance new wells and well rehabilitation, replace a water main, provide storage improvements, install new meters, including reading and billing software; and fund training.
“Infrastructure improvements increase quality of life for Georgia citizens, and they help cities and counties create jobs and promote economic development,” said Governor Sonny Perdue. “I’m pleased this investment is being made in water system infrastructure.”
“The Drinking Water State Revolving Fund assists local governments with their efforts to provide safe drinking water,” said Foil.