HARRISBURG, October 23, 2012 – – State Sen. John Blake (D-Lackawanna/Luzerne/Monroe) today announced that a $9.73 million low-interest loan to completely overhaul and upgrade the aging Abington wastewater treatment plant has been approved by the Pennsylvania Infrastructure Investment Authority (PENNVEST).
“This project is both environmentally and economically important for the residents in the Abington area,” Blake said. “Environmentally, this project will eliminate storm-induced, occasional harmful discharge into Leggett’s Creek – improving water quality; and economically, this project will immediately create 36 construction jobs — and once completed, support the creation of 74 new jobs over the next three years by local employers.”
Blake said that the $9,735,970 loan, which has an interest rate of one percent, will allow the Abington Regional Wastewater Authority to upgrade and expand their facility which, in its current state, is unable to meet the new, federal Chesapeake Bay-related water quality standards. The project also includes the replacement of inadequate collection lines and plant equipment.
“This is another clear example of how properly directed public investment can positively impact quality of life and economic development in our communities,” Blake added.
PENNVEST approved the loan at a meeting earlier today.
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