More than $42 million in loans for water projects approved

by Talk Business & Politics staff ([email protected]) 434 views 

The Arkansas Natural Resources Commission has approved more than $42 million in financial assistance for six water and wastewater projects serving more than 22,000 Arkansans. The funds are a mix of federal dollars and revolving funds.

“Every Arkansan deserves access to safe and consistent running water. My administration has prioritized improvements to Arkansas’ water infrastructure and today, I’m proud to announce $42 million in much-needed assistance for communities that face critical issues with their existing water facilities,” said Gov. Sarah Sanders.

In addition to this announcement, Sanders has launched a comprehensive analysis and review of Arkansas’ State Water Plan. She has also taken action to address Helena West-Helena’s ongoing water system issues, including approving loans, providing potable water, and offering Arkansas National Guard assistance.

“The Department of Agriculture continues to work with communities across the state to address deficiencies in water and wastewater systems. The action regarding Helena-West Helena continues to demonstrate the Governor’s ongoing effort to address a difficult situation and we are proud to partner with her,” said Arkansas Secretary of Agriculture Wes Ward.

Helena West-Helena will receive an emergency $100,000 loan from the Water Development Fund and an $11 million loan from the Drinking Water State Revolving Loan Fund. The current customer base for this project is 5,500.

Mena will receive an $11.583 million loan from the Clean Water State Revolving Loan Fund. The current customer base for this project is 5,558. Mountainburg will receive a $7.037 million loan from the Drinking Water State Revolving Loan Fund. The current customer base for this project is 6,184.

Mulberry will receive a $7.549 million loan from the Drinking Water State Revolving Loan Fund. The current customer base for this project is 1,543. Tri County Regional Water Distribution District in Pope County, will receive a $5 million loan from the Drinking Water State Revolving Loan Fund. The current customer base for this project is 3,500.