Funding Alert: $600 MILLION in Water & WASTEWATER Infrastructure Funding
the time to prepare for new water & WASTEWATER
funding is NOW
Governor Hochul recently announced $600 Million in funding statewide for water and wastewater infrastructure projects.
What does this mean for YOUR community?
THE TIME TO ACT IS NOW.
Regardless of the urgency of your need for water or wastewater infrastructure improvements or replacement, most communities will need to prepare quickly to receive this funding. Delaying preparation could mean lost opportunities for your community.
Regardless of the urgency of your need for water or wastewater infrastructure improvements or replacement, most communities will need to prepare quickly to receive this funding. Delaying preparation could mean lost opportunities for your community.
READINESS IS THE KEY
The State will commit these funds to the communities most in need AND most prepared to utilize the funds WELL and QUICKLY to benefit the economy. As stated in the funding announcement, Governor Hochul is looking to “advance shovel ready projects that put people to work.”
Preparing to be a viable funding candidate may require having initiated or completed indicators of project readiness such as:
- Engineering reports
- Environmental reviews (SEQR)
- Financing plan and bond resolutions
- District formation
NOT SURE WHERE TO BEGIN?
LABERGE GROUP CAN HELP!
With more than 55 years of experience in partnering with client communities to address their most pressing needs and implement their most vital infrastructure projects, we understand how to leverage this significant opportunity. Laberge Group has successfully secured more than $245 million in funding for our client communities since 2000 – and we’d like to do the same for your community.
Contact us today for a free, informal, and no obligation conversation to discuss your needs.
A few minutes of your time now could mean hundreds of thousands, if not millions of dollars in infrastructure funding for your community.
TURN ON THE TAP
FOR WATER FUNDING
BUT WAIT, THERE’S MORE…
The Governor has also proposed a $1 billion increase to the NY Water Infrastructure Improvement Act (NYWIIA), which she proposes to rename the “Clean Water, Clean Air and Green Jobs Environmental Bond Act.” That additional investment would increase the total investable funds to $4 billion – and the inclusion of the term “Green Jobs” in the name of the legislation is another indication that the State will be scouring applications for PROOF rather than statements of project readiness to put New Yorkers to work as soon as possible.
Set your application up for success by getting the ball rolling on project readiness with engineering reports, environmental reviews, and/or financing resolutions. We can help you determine the mix that will put your community in a strong and competitive position for grant success.
GET IN TOUCH
If water or wastewater infrastructure has been a drain on your community for years, the time to act is NOW. Our responsive team understands that swift action is paramount to preparing your community to be a competitive candidate for this funding.
It’s time to start the conversation today. Get in touch. We’re happy to be a resource for you.