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The department also has received a $151 million loan from the New Mexico Environment Department's Clean Water State Revolving Fund — with $90 million for the wastewater treatment plant ...
Truth or Consequences, New Mexico, is losing millions of gallons of water a year because of aging lines it cannot afford to fix.
The Water and Sanitation Program (WSP) has launched an initiative to use microcredits to promote these enterprises. As part of this initiative, the commercial microfinance bank K-Rep Bank provided loans to 21 community-managed water projects. The Global Partnership on Output-based Aid (GPOBA) supported the programme by providing partial subsidies.
Water Engineers for the Americas (WEFTA) is a 501(c)(3) nonprofit, founded in Santa Fe, New Mexico, in 2002. In rural populations around the world, approximately 15% of people do not have access to improved water systems, and between 30-50% have unimproved sanitation systems. [ 1 ]
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
The City of Jackson received DWSRF loans of $10.8 million in 2016 and $12.9 million in 2019 at a 1.95% interest rate for 20 and then 30 years, respectively, with $1 million total subsidized from them.
Begun in the 1880s, it is now managed by the United States Bureau of Reclamation, and provides irrigation water to a large area around Carlsbad, diverted from the Pecos River and the Black River. The late 19th and early 20th-century elements of the project were designated a National Historic Landmark District in 1964.
The Steuben County towns of Cohocton and Prattsburgh have secured major federal loans to make essential improvements to water infrastructure. Prattsburgh received $4.9 million, while Cohocton ...
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