April 6, 2022
Contact: MaryAnna Peavey, Grants and Loans Bureau Chief, MaryAnna.Peavey@deq.idaho.gov
BOISE — The Idaho Department of Environmental Quality (DEQ) today announced the award of $37,289 in drinking water construction assistance to Arrowhead Ranch Water Association, Inc. in Bonner County, Idaho.
The funding will be used to install a new pump and to cover planning costs associated with installing the pump.
The assistance from DEQ’s State Revolving Fund, which is capitalized annually by grants from the US Environmental Protection Agency, provides this funding with no repayment obligation. The favorable loan terms represent a $54,861 savings to the community when compared to average costs for municipal general obligation issuances.