New Waterford gets loans for water work
NEW WATERFORD — The village was among northeast Ohio communities receiving $50.8 Million in financing from Ohio EPA or related infrastructure improvements. ew Waterford is receiving $2.3 million for two loans to replace deteriorating waterlines, valves and hydrants, and to develop new wells and replace the existing treatment plant to supply water to the new Crestview school complex and community center. The loans include $1.1 million in principal forgiveness, meaning this amount does not have to be repaid. Additionally, New Waterford is receiving $500,000 in H2Ohio funding for this project. The village was in line to receive funding for the projects and was officially notified on Thursday.