CFPUA awarded $4.59 million loan for sewer projects The N.C. Department of Environmental Quality has approved the Cape Fear Public Utility Authority’s application for a $4.59 million low-interest loan for two major projects. By WECT Staff | February 25, 2021 at 11:24 AM EST - Updated February 25 at 11:24 AM
WILMINGTON, N.C. (WECT) - The N.C. Department of Environmental Quality has approved the Cape Fear Public Utility Authority’s application for a $4.59 million low-interest loan for two major projects.
“The State Water Infrastructure Authority announced this month that CFPUA’s application, submitted in September 2020, was approved to receive loan funding through the Clean Water State Revolving Fund,” CFPUA said in a news release. “These loans are a key part of securing funding for CFPUA’s Capital Improvement Plan, which prioritizes replacement and rehabilitation of aging infrastructure.”