(STATEHOUSE) April 16, 2009 - State Rep. Randy Borror (R-Fort Wayne) today announced that Fort Wayne qualifies to receive an estimated $1,500,000 grant from federal stimulus funding through the Indiana Finance Authority to complete improvements to Fort Wayne's wastewater systems.
This is one of the first stimulus water projects to be announced.
"Indiana accepted federal stimulus dollars with a promise that we would do everything possible to spend that money quickly and purposefully on one-time projects," Rep. Borror said. "I believe this allocation meets those criteria and will be put to good use in Fort Wayne."
The American Recovery and Reinvestment Act of 2009 will distribute funds through the Indiana State Revolving Fund, an existing program managed by the Indiana Finance Authority which makes loans to communities for wastewater and drinking water projects.
For more information about the SRF loan program, visit the IFA Web site at www.in.gov/ifa/srf.