Massachusetts Clean Water Trust Approves $41.8M in Loans
Summary
The Massachusetts Clean Water Trust approved $41.8 million in new low-interest loans for water infrastructure projects at its February 4, 2026 meeting. These loans will fund projects aimed at improving water quality, ensuring drinking water safety, and protecting public health in communities across the Commonwealth.
What changed
The Massachusetts Clean Water Trust, in collaboration with the Massachusetts Department of Environmental Protection, approved $41,780,305 in new low-interest loans for water infrastructure projects. The loans were approved at the Trust's February 4, 2026 board meeting and include funding for wastewater alternatives, collection, recharge, and septic management programs.
These loans are provided through the Massachusetts State Revolving Funds (SRFs), which are partnerships between the U.S. Environmental Protection Agency and the Commonwealth. The SRFs aim to help communities build or replace water infrastructure to enhance water resources, ensure drinking water safety, and protect public health. Regulated entities, primarily municipalities and water utilities, can apply for these low-interest loans and grants to finance necessary infrastructure improvements.
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Press Release
Press Release Clean Water Trust Approves $41.8 Million in New Loans at its February Meeting.
Clean Water Trust Approves $41.8 Million in New Loans at its February Meeting.
For immediate release: 2/04/2026
- Office of State Treasurer and Receiver General Deborah B. Goldberg
- The Massachusetts Clean Water Trust
- Massachusetts Department of Environmental Protection
Media Contact
Mikaela Cole, Deputy Director of Communications
Phone
Call Mikaela Cole, Deputy Director of Communications at (781)901-5959
Online
Email Mikaela Cole, Deputy Director of Communications at mikaela.r.cole@tre.state.ma.us
BOSTON — The Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $41,780,305 in new low-interest loans at its meeting on February 4, 2026. Below is information on the loans approved at the meeting.
The Trust, in collaboration with the Massachusetts Department of Environmental Protection (MassDEP), helps communities build or replace water infrastructure that enhances ground and surface water resources, ensures the safety of drinking water, protects public health and develops resilient communities. It accomplishes these objectives by providing low-interest loans and grants to cities, towns and water utilities through the Massachusetts State Revolving Funds (SRFs). The SRF programs are partnerships between the United States Environmental Protection Agency and the Commonwealth of Massachusetts. SRFs function like an environmental infrastructure bank by financing water infrastructure projects in cities and towns across the Commonwealth.
| Clean Water Projects | | | | |
| --- | | | | |
| Borrower | Loan No. | Amount | Project Title | Interest Rate |
| Falmouth | CWP-25-30, CWP-25-30A | $41,296,305 | Falmouth Traditional Wastewater Alternatives Phase 1 Collection and Recharge | 0% |
| Nahant | CW-26-02 | $84,000 | Infiltration & Inflow (I/I) Study | 2% |
| Total | | $41,380,305 | | |
| Community Septic Management Program | | | |
| --- | | | |
| Borrower | Loan No. | Amount | Interest Rate |
| Bridgewater | CWT-26-01 | $400,000 | 2% |
For More Information
For more information on our different loan programs, please visit the SRF Programs page and our Loan Forgiveness Program page. For information on past meetings or to find project descriptions, please visit the Board of Trustees Meeting Information page. For information on how to apply for an SRF loan, please visit Mass DEP's State Revolving Fund Applications and Forms page.
About the Clean Water Trust
Since its establishment in 1989, the Trust has loaned roughly $10.4 billion to improve and maintain the quality of water in the Commonwealth. An estimated 97 percent of Massachusetts' residents have benefited from the financial assistance of the Trust.
Media Contact
Mikaela Cole, Deputy Director of Communications
+
Phone
Call Mikaela Cole, Deputy Director of Communications at (781)901-5959
Online
Email Mikaela Cole, Deputy Director of Communications at mikaela.r.cole@tre.state.ma.us
Office of State Treasurer and Receiver General Deborah B. Goldberg
Our mission at the Office of the State Treasurer and Receiver General of Massachusetts is to prudently manage and safeguard the state's public deposits and investments through sound business practices for the exclusive benefits of our citizens, and perform these duties with integrity, excellence, and leadership.
The Massachusetts Clean Water Trust
The Massachusetts Clean Water Trust (the Trust) is a state agency that improves water quality throughout the Commonwealth by providing low-interest loans to municipalities and other eligible entities.
Massachusetts Department of Environmental Protection
MassDEP's mission is to protect and enhance the Commonwealth's natural resources - air, water, and land - to provide for the health, safety, and welfare of all people, and to ensure a clean and safe environment for future generations. In carrying out this mission MassDEP commits to address and advance environmental justice and equity for all people of the Commonwealth, provide meaningful, inclusive opportunities for people to participate in agency decisions that affect their lives; and ensure a diverse workforce that reflects the communities we serve.
Media Contact
Mikaela Cole, Deputy Director of Communications
Phone
Call Mikaela Cole, Deputy Director of Communications at (781)901-5959
Online
Email Mikaela Cole, Deputy Director of Communications at mikaela.r.cole@tre.state.ma.us
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