Malta approved for SRF loan wastewater treatment
January 1, 2020
The City of Malta has been approved to receive a $430,000 State Revolving Fund loan package to modernize its wastewater treatment system, according to a press release from the Montana Department of Natural Resources and Conservation (DNRC).
Montana Gov. Steve Bullock announced the loan package to help finance the improvements, Malta has been approved for a loan of $330,000 from the State Revolving Fund at 2.5% interest for 20 years. The town will also receive a second SRF loan for $100,000 that will be forgiven if certain conditions are met.
Constructed in 1981, a lift station serving Malta...