EANY Applauds NYS Comptroller Opinion on Lead Pipe Replacement
December 05, 2024
December 05, 2024
ALBANY, New York, Dec. 5 -- Environmental Advocates of New York issued the following news release on Dec. 4, 2024:
Today, the Office of the State Comptroller issued an opinion to the City of Troy that it is legal and constitutional for the city to issue municipal bonds to access state and federal funding to replace lead pipes. In March, Troy was awarded $8.9 million in grants and $3.9 million in interest-free loans from the federal Bipartisan Infrastructure Law to replace lead pipes . . .
Today, the Office of the State Comptroller issued an opinion to the City of Troy that it is legal and constitutional for the city to issue municipal bonds to access state and federal funding to replace lead pipes. In March, Troy was awarded $8.9 million in grants and $3.9 million in interest-free loans from the federal Bipartisan Infrastructure Law to replace lead pipes . . .