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Low Interest Loans

Wednesday, February 13, 2013

New MWRD Treatment Facility to Better Manage Lemont Storm Water

Low-interest loans from Illinois Clean Water Initiative will allow Metropolitan Water Reclamation District to update region’s water infrastructure, clean up rivers and improve public health.

A $30 million low-interest loan to the Metropolitan Water Reclamation District of Greater Chicago (MWRD) will allow the district to construct a Wet Weather Treatment Facility at the Lemont Water Reclamation Plant to better manage storm water. The loan is part of a $250 million low-interest package announced Monday by Illinois Gov. Pat Quinn and financed through the Illinois Clean Water Initiative. The loan will allow MWRD to move forward with crucial projects to “update the region’s water infrastructure, clean up area rivers and improve public health,” according to a press release from the governor’s office. State Sen. Christine Radogno (R-Lemont) said in a press release this week that the Wet Weather Treatment Facility will help the …

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