The Illinois Environmental Protection Agency Director John J. Kim has announced the investment of more than $66 million through water infrastructure loans to local governments and water districts for the first half of Fiscal Year 2024 including Kincaid, Illinois.  The Illinois EPA State Revolving Fund or SRF Program provides low-interest loans which fund wastewater, stormwater, and drinking water projects.  Of that investment, more than $4.6 million in loan forgiveness was provided to those recipients meeting the loan rules for either the Small Community Rate or Hardship Rate. 

Illinois EPA’s SRF includes two loan programs, the Water Pollution Control Loan Program funds both wastewater and stormwater projects, and the Public Water Supply Loan Program for drinking water projects.  Both programs provide funding at a 1.8% interest rate.  

In Christian County in Kincaid, the first phase of a three-phase project has been approved.  The Village will use the funding to install Variable Frequency Drives for the pump stations located at the Sewer Treatment Plant on Garden Street.  These improvements will include lighting upgrades and installation of an aeration system for the STP Primary Lagoon. Several manholes will also be rehabilitated. 

For more information, visit the EPA website, by visiting this story at www.taylorvilledailynews.com.