Rozzi, Schwank announce $1.7 million loan to Mount Penn Borough Municipal Authority
TEMPLE, April 22 -- A low-interest loan in the amount of $1.7 million was approved today by the Pennsylvania Infrastructure Investment Authority (PENNVEST) will help fund the Mount Penn Borough Municipal Authority’s recently completed Perkiomen Avenue Water Main Replacement Project, according to state Rep. Mark Rozzi and state Sen. Judy Schwank.
“Replacement of aging infrastructure and preventative maintenance are some of the more difficult challenges local officials face,” Rozzi said. “This project addresses both those needs—it protects water quality, improves service reliability and lessens the potential of breaks and service loss."
Schwank added: “This project will help ensure that the residents of Mount Penn Borough and the Antietam Valley continue to enjoy the benefit of a safe and high-quality municipal water service for decades to come. I commend local officials for their foresight and diligence in coordinating this infrastructure project with PennDOT’s Perkiomen Avenue upgrade work.”
The project included the replacement of 5,740 feet of water lines, as well as valves, hydrants and customer service connections.
PENNVEST funding comes from a combination of state funds approved by voters, grants from the U.S. Environmental Protection agency, and loan repayments from previous PENNVEST funding awards.