FOR IMMEDIATE RELEASE
State Rep. Neal Goodman
Goodman: $1.66 million state grant to aid Lofty Dam repairs
HARRISBURG, May 5 – State Rep. Neal Goodman, D-Schuylkill, announced that the Mahanoy Township Authority has received a $1,666,667 grant to help repair Lofty Reservoir Dam. The Commonwealth Financing Authority approved the H20 PA grant during its meeting today.
"I'm thrilled the authority finally received this funding to preserve its backup water supply," Goodman said. "This project formally began in 2008 and was denied twice. I commend the authority and its engineer, Jim Rhoades Jr., for their perseverance."
The grant will be used to repair rutting and erosion in the dam, to fix outlet works, and make other improvements.
The H2O PA program provides single-year or multi-year grants to the independent agencies, municipalities or municipal authorities to assist with the construction of drinking water, sanitary sewer and storm sewer projects.
The Commonwealth Financing Authority, an independent agency created by the legislature, administers and finances projects included in the H2O PA Program.
CFA also oversees the state's Building PA program, Business in Our Sites program, PennWorks, New PA Venture Capital Investment, New Pennsylvania Venture Guarantee, Tax Increment Financing Guarantee and Second Stage Loan programs. Each of these programs is aimed at using targeted state investment to attract private capital for economic development in all regions of the state and for all types of industries.