The Minnesota Public Facilities Authority recently announced loans and grants for water infrastructure projects in five different communities, including Walker.
The other communities were Dumont, Ostrander, Robbinsdale and the Western Lake Superior Sanitary District. Together they received more than $42 million in funding from the authority.
“The PFA continues to be an important source of investment in our communities’ infrastructure,” stated Steve Grove, Public Facilities Authority chair and commissioner of the Department of Employment and Economic Development.
The Minnesota PFA provides financing and technical assistance to help communities build and maintain infrastructure that protects public health and the environment and promotes economic growth. Since its inception in 1987, the PFA has financed over $5 billion in public infrastructure projects in communities throughout Minnesota. Read more on the PFA website.
In Walker, funding equals $3,484,510.
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This project consists of aging watermain and sanitary sewer pipe in the area north of Highway 371 and east of Seventh Street. Funding for these projects comes from the authority in the form of a Clean Water Revolving Fund loan of $1,830,138 at 1%, a Drinking Water Revolving Loan Fund loan of $989,100 at 1% and a Drinking Water Revolving Loan Fund principal forgiveness grant of $665,272.
