The Ohio EPA is providing a $4,774,375 loan to the Northeast Ohio Regional Sewer District (NEORSD) to fund upgrades to the Kingsbury Run sewer collection system. Kingsbury Run serves as a drainage outlet for the central portion of Cleveland, east of the Cuyahoga River, and the west end of Shaker Heights.
NEORSD will modify several Kingsbury Run combined sewer overflow regulators and make other infrastructure improvements. Scheduled for completion in June 2018, the project will result in far fewer combined sewer overflow and flooding events near Kinsman Road, and improved water quality in the Cuyahoga River and Lake Erie.
Because the project targets the reduction of combined sewer overflows, NEORSD qualified for a discounted zero percent interest rate on the loan, rather than the 2.28 percent rate that would have otherwise applied. The 20-year, interest-free loan through Ohio’s Water Pollution Control Loan Fund (WPCLF) will save the sewer district $1,922,000 compared to a market-rate loan.
Created in 1989, the WPCLF provides below-market interest rate loans for communities to improve their wastewater treatment systems and technical assistance to public wastewater systems in a variety of areas from the planning, design and construction of improvements to enhancing the technical, managerial and financial capacity of these systems.
To learn more about the WPCLF, visit epa.ohio.gov/defa/EnvironmentalandFinancialAssistance.aspx.