Montgomery County water projects awarded $2M in loans from Ohio

Three Montgomery County water projects have been awarded low-interest state loans totaling about $2 million. FILE
Three Montgomery County water projects have been awarded low-interest state loans totaling about $2 million. FILE

Credit: FILE

Credit: FILE

Three Montgomery County water projects have been awarded low-interest state loans totaling about $2 million.

Infrastructure in Centerville, Trotwood and Washington Twp. are among 10 projects named as loan recipients by the Ohio Water Development Authority.

The authority’s allocations are part of $8.1 million given out through loans and grants to improve water systems in the state, it was announced Tuesday.

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For April, the county projects receiving funding from OWDA’s fresh water loan program include:

  • $1.55 million at 1.35% for 20 years for the rehabilitation of the 2 million gallon elevated water storage tank in Centerville to extend its useful life.
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  • $316,402 at 1.35% for 20 years for the construction of 5,500 feet of waterline along Guenther and Schroeder roads in Trotwood to replace aging infrastructure.
  • $150,000 at 1.35% for 20 years for construction of 2,200 feet of waterline along Cynthia Lane in Washington Twp. to replace aging waterlines.

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