Georgia Environmental Finance Authority advances $39.3 million in water infrastructure financing

March 5, 2026
Wastewater Visibility News
Share this article:

The Georgia Environmental Finance Authority board has authorized $39.3 million in loans to strengthen water and wastewater systems across the state. The package includes targeted upgrades for wastewater treatment facilities, compliance-driven improvements, and wastewater infrastructure extensions tied to economic growth.

Georgia Environmental Finance Authority header logos

Covington Receives $12 Million Clean Water SRF Loan

The City of Covington secured a $12 million Clean Water State Revolving Fund loan (CWSRF loan) to modernize its water reclamation facility and improve its operations building.

Key terms include:

  • 20-year repayment period
  • 2.39% interest rate
  • Eligibility for up to $2.4 million in principal forgiveness through the WaterFirst Community designation

The project is intended to maintain regulatory performance standards, improve operational functionality, and position the system to accommodate future growth.

Other Wastewater Projects Approved

City of Comer

  • $1.5 million Georgia Fund loan
  • Rehabilitation of a wastewater treatment facility currently out of compliance
  • Focus on restoring dependable treatment performance

City of Norman Park

  • $3.161 million Georgia Fund loan
  • Wastewater plant improvements designed to achieve regulatory compliance

Supporting Industrial and Commercial Expansion

Moultrie-Colquitt County Development Authority

  • $622,000 Georgia Fund loan
  • Extension of sanitary sewer service to serve an industrial park

Twiggs County

  • $2 million Georgia Fund loan
  • Installation of water and sewer infrastructure to enable future commercial development

Drinking Water Program Update

In addition to wastewater treatment financing, the board approved a scope modification to a previously awarded $12 million Drinking Water State Revolving Fund loan for Newton County.

What This Signals for Georgia Communities

This round of approvals reflects continued use of low-interest state financing to help local governments:

  • Address compliance challenges
  • Improve system reliability
  • Modernize aging infrastructure
  • Align capital investment with economic development objectives

For utilities, these projects illustrate how structured financing tools such as the State Revolving Fund programs can provide manageable repayment terms while advancing long-term system performance and community growth.

Read more about this program at the Georgia Environmental Finance Authority media center.

cropped W
+ posts

Share this article:

More Recent Posts

Add Wastewater Visibility News to Google News

Upcoming Conferences

Newsletters

Subscribe

Get news delivered straight to your inbox the day it gets published.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*