Funding Strategy for Highspire Borough Authority

The Pennsylvania Infrastructure Investment Authority (PENNVEST) recently awarded the Highspire Borough Authority (the Authority) more than $2 million in funding for its biosolids upgrade project. The award includes a $1,878,124 grant and a $274,100 loan. It is part of the Commonwealth’s $116.6 million investment in drinking water, wastewater, and non-point source projects through PENNVEST’s funding opportunities.

RETTEW has in-depth experience with PENNVEST funding to fund drinking water and wastewater projects. As the Authority’s trusted advisor, we developed a comprehensive funding strategy for replacing its digester and dewatering building, adding two new digester tanks, new transfer structures, and a shelter for the sludge dumpster. This funding strategy paved the way to securing funds from various sources.

The PENNVEST monies, coupled with a $1 million grant from the Statewide Local Share Program and a $90,000 award from the Dauphin County Local Share Municipal Grant Program, fund most of the estimated cost of the Authority’s biosolids project!

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