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Old Posted Oct 23, 2019, 6:49 PM
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MAYOR CANTRELL ISSUES STATEMENT ON SWBNO’S SELECTION FOR $111M FEDERAL LOAN
NEW ORLEANS — Mayor LaToya Cantrell today issued the following statement celebrating the Sewerage and Water Board of New Orleans’ (SWBNO) selection for a $111 million federal water infrastructure loan to fund the full rehabilitation of New Orleans’ sanitary sewer system:

“Being selected by the WIFIA program and the EPA for this $111 million federal loan is a major win for Sewerage & Water Board and for the City of New Orleans,” said Mayor Cantrell. “This is the result of hard work and dedication. We fought hard and lobbied the federal government extensively for this. I want to thank New Orleans City Councilmember Jay H. Banks for all of his help and his voice, advocating for this. Infrastructure remains a top priority, and this puts us another step closer to addressing our critical needs.”

Under the Water Infrastructure Financing and Innovation Act (WIFIA) program, the Environmental Protection Agency (EPA) chose SWBNO to take part in its program, an effort that could yield up to $111 million to help the utility make its 2025 federal deadline to completely restore the sewer system. The EPA announced the award Tuesday, Oct. 22.






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