Statement by NYS Environmental Facilities President on Approval of $256 Million Loan for Environmental Protection Projects to the Protect Hudson River

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NYS Environmental Facilities Corp.

NYS Environmental Facilities Corp.

“Today’s PACB vote is clear on one important point: it is legal and proper to use the Clean Water State Revolving Loan Fund to protect the Hudson River, its wildlife and wildlife habitats during the construction of the New NY York Bridge. This is a revolving loan fund and, like all of the loans approved by the Environmental Facilities Corp., this loan will be repaid and then recycled to benefit other clean-water projects across the state. These low-cost loans save money, improve the environment and create jobs. This year, EFC expects to approve well over $1 billion in loans for new clean-water projects in more than 100 communities and we are ready and able to do the same next year and we look forward to working with the Thruway Authority and PACB to proceed with the second installment of the New NY Bridge loan in 2016.”

eHeziStatement by NYS Environmental Facilities President on Approval of $256 Million Loan for Environmental Protection Projects to the Protect Hudson River

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