DEQ awards $118,000 to the Garden Valley Ranchettes Homeowners Association, Boise County
Tuesday, October 27, 2020
BOISE — The Idaho Department of Environmental Quality (DEQ) today announced the award of a $118,000 low-interest drinking water construction assistance to the Garden Valley Ranchettes Homeowners Association in Boise County
The funding will be used to construct a new reservoir as part of the emergency effort.
The assistance from DEQ’s State Revolving Loan Fund, which is capitalized annually by grants from the Environmental Protection Agency, provides this funding with no repayment obligation. The favorable loan terms represent a $162,254 savings to the community when compared to average costs for municipal general obligation debt issuances.