Pennsylvania Infrastructure Investment Authority (PennVEST)

Overview

PENNVEST provides low-interest loans and grants for new construction or for improvements to publicly or privately-owned drinking water, storm water or sewage treatment facilities, as well as non-point source pollution prevention best management practices. PENNVEST also provides loan funding to remediate brownfields sites, as well as loan funding to individual homeowners for repair or replacement of their malfunctioning on-lot septic system or first time connection to a public sewer collection system. The Advance Funding Program provides low-interest loans to provide funding for the design and engineering needed to improve water and wastewater management systems.

Eligibility

Any municipality, authority or private entity that is an owner and/or operator of a drinking water, wastewater, or non-point source pollution prevention project is eligible under the PENNVEST program.

Funding

In no case shall total assistance to any single project total more than $11,000,000, or $20,000,000 if a project serves more than one municipality, except that the board by a vote of at least nine members may authorize loans in excess of $20,000,000 to comprehensive projects providing or proposing consolidated service to a region encompassing all or parts of four or more municipalities. Total assistance to a storm water project shall not exceed $1,000 for each resident of the municipality or municipalities being served by the project or $10,000,000, whichever is less.