releases: https://lance.house.gov/newsroom/press-releases/lance-feds-provide-frenchtown-with-supplemental-wastewater-treatment-funds
Data license: MIT · Data source: dwillis/congress-press
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| https://lance.house.gov/newsroom/press-releases/lance-feds-provide-frenchtown-with-supplemental-wastewater-treatment-funds | Lance: Feds Provide Frenchtown with Supplemental Wastewater Treatment Funds | 2018-10-18 | 2018 | 2018-10 | Republican | House | NJ | Leonard Lance | L000567 | lance.house.gov | legacy | FRENCHTOWN, N.J. --- Congressman Leonard Lance (NJ-07) visited Frenchtown this morning to tour the wastewater treatment facility project financed in part by a federal loan made available through the United States Department of Agriculture (USDA). The USDA is the federal entity responsible for merit-based rural development and has approved a loan of $434,000.00 for the Frenchtown wastewater treatment facility. Lance has voted to fund the USDA at higher levels to manage important projects related to water safety. Federal entities with important know-how and capabilities should be helping communities get projects like this up and running. I am pleased this project has received ongoing federal support and on such favorable terms. The taxpayers win when local, state and federal entities work together on major issues. The safe management of wastewater and environmental concerns are too important to leave to chance. I am pleased the USDA is offering this loan to Frenchtown and I commend Mayor Myhre for the work he has done in this community, said Lance. Frenchtown Mayor Brad Myhre was on-hand to join Lance on the tour. He added, We appreciate Congressman Lance's ongoing support of Frenchtown Borough and more specifically his efforts at securing important federal funds for the Borough's wastewater treatment facility. The Mayor also added the new plant has the capacity to enable the hookup of existing Frenchtown residents utilizing septics. This Rural Development investment will be applied to project costs related to the wastewater treatment facility project. The project improves the efficiency of the wastewater treatment and will substantially reduce the costs for rural users. This will serve 113 businesses and 1,373 residents in the community. The Original project cost was $12,379,000. Original funding include a $2,633,000 Rural Development Water & Waste Disposal loan, a $1,000,000 Water & Waste Disposal Grant awarded in FY 2012, and $8,746,000 from the NJ State Revolving Loan Fund (NJ State Infrastructure Trust). The loan is made available through the Water and Waste Disposal Loans and Grants program and the municipality was given a favorable rate of 40 years at 3.125%. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |