Slippery Rock Municipal Authority Receives $3.2 M PENNVEST Funding

The Slippery Rock Municipal Authority was awarded $3.245 million in funding from the Pennsylvania Infrastructure Investment Authority (PENNVEST) for major infrastructure improvement projects, according to Senator Scott Hutchinson.

The Authority was awarded a $1,622,500 low-interest loan to replace 2,650 of deteriorating sewer lines in its system and a $1,622,500 low-interest loan to install 5,500 feet of water lines along Routes 258 and 173.

“This PENNVEST funding will help the Slippery Rock Municipal Authority address water and sewer issues that negatively impact the health and quality of life of local residents,” Senator Hutchinson said. “This funding should expedite the process and ease the financial burden that otherwise would have fallen on ratepayers.”

PENNVEST financing is provided through the use of federal funding and prior bond issues by the state. It is not supported by the state’s General Fund budget, which covers the daily operations and services of the Commonwealth.

 

Contact:          Justin Leventry           (717) 787-9684.