Gov. Christie Signs Bill Allowing Towns Interest-Free Loans For Clean Water Projects

nj american water 7-5-10_wmGov. Chris Christie today signed three bills today that allows the state to make interest-free loans to local governments for “clean water” projects. Christie, speaking at the Musconetcong Sewerage Authority in the Budd Lake section of Mount Olive, said the bills would help the economy and the environment at the same time.

“One of the goals of this administration has been to debunk the myth that you cannot have a growing, vital economy while protecting the environment,” he said. “These bills prove that there are ways to be able to do that.”

The state will help local governments and private companies by issuing at or below-market-rate loans on 181 projects that are on a state priority lists for clean water and drinking water projects, totaling $821 million.

This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at [email protected].

Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.

**Click here to join over 20,000 receiving our Whatsapp Status updates!**

**Click here to join the official TLS WhatsApp Community!**

Got a news tip? Email us at [email protected], Text 415-857-2667, or WhatsApp 609-661-8668.