The Ohio Environmental Protection Agency is announcing local municipalities getting low-interest loans to pay for wastewater and drinking water improvement projects.
There were around $8.4 million in loans for Northwest Ohio. Delphos got a $531,237 loan to replace valves in the drinking water distribution system all over the city. The new valves and valve location will create isolation zones in the system.
Allen and Hancock Counties got $150,000 each and Hardin County got $100,000 in principal forgiveness loans to repair or replace household sewage treatment systems.
The Ohio EPA has approved $269 million in loans in the first quarter of 2022, including $6 million in principal forgiveness loans, which has saved Ohio communities nearly $44 million in interest rates when compared to market-rate loans.
