SWIA Approves $100.4 Million in Funding Applications

SWIA Approves $100.4 Million in Funding Applications

During a quarterly funding approval meeting, the State Water Infrastructure Authority (SWIA) announced its intent to award $100.4 million to eligible drinking water and wastewater projects, including $7,111,968 to projects with funding applications submitted by WithersRavenel:

Applicant Name Project Name Amount of Funding Funding Type Funding Source
Iredell Water Corporation Ostwalt-Amity Water System Improvements $5,201,533 Loan Drinking Water State Revolving Fund (DWSRF)
City of Newton Newton Streetscape Phases 2-4 Water Utility Rehabilitation $558,500 Loan State Reserve
City of Newton Newton Streetscape Phases 2-4 Sewer Utility Rehabilitation $197,400 Loan State Reserve
Town of Spruce Pine Spruce Pine Sewer Rehabilitation $588,400 Loan State Reserve
East Yancey Water and Sewer District East Yancey County Sewer Improvements Phase 2 $282,918
$282,918
Principal Forgiveness
Loan
Clean Water State Revolving Fund (CWSRF)

With these projects, WithersRavenel’s total number of projects funded has risen to 437, for a total funding amount of $531,430,011.

We would like to congratulate our clients on receiving SWIA funding assistance this cycle, and we look forward to seeing your projects come to life!

To find out if your project may be eligible for funding through one of these or other programs, please contact Jessica Martin-Lane, director of our grants management team.