City Of White House Acquires 8 Mil Loan For Water Improvements From Gov. Lee & TDEC

City Of White House Acquires 8 Mil Loan For Water Improvements From Gov. Lee & TDEC

City Of White House Acquires 8 Mil Loan For Water Improvements From Gov. Lee & TDEC

WHITE HOUSE TENNESSEE: (Smokey Barn News) – Gov. Bill Lee and Commissioner David Salyers of the Tennessee Department of Environment and Conservation (TDEC) today announced an $8 million loan for the City of White House to improve water infrastructure.

The loan is one of eight approved by the Tennessee Local Development Authority, with a loan for the City of Waverly for $580,000, two loans totaling $70,000 for the Town of Alexandria, two loans totaling $605,000 for the Town of Carthage, and two loans for the City of Westmoreland totaling over $6.4 million, making the total of loans announced today $15.7 million.

“We are committed to supporting infrastructure development and improvement across our state, and we’re excited to see how Tennesseans benefit from this investment,” Lee said. “We are proud to partner with local communities to modernize our water infrastructure.”

“Every community in Tennessee deserves a dependable water system,” Salyers said. “The State Revolving Fund Loan Program works in a way to make improvements affordable to communities needing the assistance, with a positive result for our environment.”

The City of White House’s loan comes from the Clean Water State Revolving Fund Loan Program. The loan will address the wastewater treatment system and has a 20-year term at 1.09 percent interest.

Through the State Revolving Fund Loan Program, communities, utility districts, and water and wastewater authorities can obtain loans with lower interest rates than through private financing. These low interest rate loans can vary from zero percent to below market rate, based on each community’s economic health.

The eight loans announced today begin the fiscal year with $155,000 awarded in drinking water loans and $15,587,000 in clean water loans. In fiscal year 2021, TDEC awarded $7,171,000 in drinking water loans and $77,568,000 in clean water loans for a total of $84,739,000.

Tennessee’s Clean Water State Revolving Fund Loan Program has awarded more than $2 billion in low-interest loans since its inception in 1987. The state’s Drinking Water State Revolving Fund Loan Program has awarded more than $300 million in low-interest loans since its inception in 1996.

Remembering the Badges Blood- Monday, August 9th

The City of White House Fire Dept. and City of White House, TN- Police Department are partnering with Robertson County Sheriff’s Office for the Remembering the Badges Blood Drive on Monday, August 9th from 2:00pm – 7:00pm at Fire Station #2 (120 Business Park Dr).

The blood drive is in honor of the 20th anniversary of 9/11. Each pint of blood donated will be in memory of each life lost that day 20 years ago. #RememberingTheBadges

To sign up:
🔴redcrossblood.org
🔴Sponsor Code – Robertson Remembers

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