Over $700 million provided for Arkansas Water and Wastewater projects

wireready_07-04-2023-10-30-07_00133_arkansasdepartmentofagriculture

The Arkansas Department of Agriculture’s Natural Resources Commission (ANRC) on June 22 approved over $702 million in funding for 122 water and wastewater projects serving more than 1.2 million Arkansans.

The ANRC approves and provides financial assistance to eligible Arkansas entities from five different programs through loans, loans with principal forgiveness, and grants. A total of $633,138,145 was provided in loans, $68,957,100 in loans with principal forgiveness, and $223,013 in grants.

Locally, Calico Rock was awarded $985,825 for the Clean Water State Revolving Loan Fund.

The Fulton County Water Authority, City of Flippin and Calico Rock were awarded funds for the Drinking Water State Revoling Fund Loan. Fulton County was awarded $641,479 with $1.9 million in principal forgiveness. Flippin was awarded $1,992,259 with $5,976,777 in principal forgiveness. And Calico Rock was awarded $1,193,252.

In addition to project funding, the ANRC approved two grants to the Arkansas Rural Water Association, totaling $190,000, to provide technical assistance to communities for water and wastewater infrastructure across the state. The Commission also approved a $43 million General Obligation Bond Series Resolution, conservation district board appointments, and $1.2 million in funding to conservation districts.

WebReadyTM Powered by WireReady® NSI