Washington, D.C. – U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced a federal loan worth $402,000 for the Town of Catlin in Chemung County to help finance a project to replace a water storage tank that serves the Beaver Dams Water District.
“Supporting New York’s rural communities with smart investments for water and waste management is pivotal for those towns and the local economy. It improves water quality and spurs economic development,” said Senator Schumer. “This USDA Rural Development investment for the Town of Catlin will improve the local water system which in turn will help enhance quality of life in the community and lead the way for further economic development in the region.”
“Investing in water infrastructure like this is one of the smartest and most effective ways to lead us to new economic growth,” Senator Gillibrand said. “Upgrading water infrastructure can help local families live healthier, while helping to attract new businesses and support jobs to strengthen the local economy. And when these investments are made at the federal level like this, that helps hold the line on property taxes.”
As New York’s first member of the Senate Agriculture Committee in nearly 40 years, Senator Gillibrand is fighting to protect funding for these investments in rural communities as the Senate debates the Farm Bill.
The federal loan is allocated through the U.S. Department of Agriculture (USDA) Rural Development’s Water and Waste Disposal Loan Program.