Mass. Clean Water Trust Board of Trustees approves $2.6 million loan for Revere

Advocate Staff Report

In a report released this week, the Massachusetts Clean Water Trust’s (the Trust) Board of Trustees approved $123,778,260 in new low-interest loans and grants at its meeting on July 9, 2025.
According to the report, 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.

The City of Revere is eligible to receive a loan for $2,616,233 at 1.5% rate for Phase 15 Construction for Inflow/Infiltration, Illicit Discharge Detection and Elimination, and Pump Station & Drainage, according to the release.

Since 2010, the City has bonded approximately $50 million to address the illegal discharges and was ordered to pay a civil penalty of $130,000 for past violations of the Clean Water Act in order to comply with a Dept. of Justice and Environmental Protection Agency (EPA) Consent Decree to reduce illegal discharges of raw sewage overflows into the environment from its wastewater collection system and separate storm sewer system.

Under the School Water Improvement Grants (SWIG), the Immaculate Conception School will receive a grant for $12,000.

Since its establishment in 1989, the Clean Water Trust has loaned nearly $9.6 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.