New York EFC Board Approves $200 Million for Water Infrastructure Projects

New York’s Environmental Facilities Corporation board approved $200 million in low-cost financing, federal grants and previously announced state grants for drinking water, wastewater and stormwater work on October 22. The action is a funding milestone—not a new $200 million project budget—and enables participating communities to enter funding agreements with EFC and draw funds for their individual projects.

The package spans multiple regions and financing structures. Among the largest disclosed pieces are $40.3 million for the Village of Harrison, $12.1 million for the Town of Mamaroneck and $20 million for the Village of Mamaroneck toward the Rye Lake Water Filtration Plant. Gloversville’s $12.2 million lead-service-line program and Herkimer’s $13.2 million program combine grants and interest-free financing; EFC said its Lead Infrastructure Forgiveness and Transformation grants will retire that financing after project completion. Other approvals cover sewer separation, treatment upgrades, water-main replacements and contaminant treatment.

Governor Kathy Hochul announced the approvals, while EFC President and CEO Maureen A. Coleman described the financing mix as a way to close local funding gaps without transferring the full burden to ratepayers. No unified construction schedule or procurement package was announced for the portfolio.

The next milestone is execution of individual funding agreements and access to approved funds; EFC did not announce a portfolio-wide date. The commercial signal is therefore project-specific: engineering, treatment, pipe, storage and construction demand will follow each municipality’s delivery schedule, and the approval itself should not be described as an open bid. Official New York announcement (October 22, 2026).