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Committee weighs Development Impact Financing and One Stop grant to pay for sewer work
Summary
Committee members reviewed two expressions of interest and discussed Development Impact Financing (DIF), MassDevelopment guidance, One Stop grant timing, and examples from other towns as options to fund sewer infrastructure.
The Town of Southborough Wastewater Study Committee on March 31 discussed financing tools it could use to pay for sewer infrastructure, notably Development Impact Financing (DIF) overlay districts and a One Stop grant application. Committee members said they submitted two expressions of interest (EOIs) and expect the state to respond soon.
Why it matters: funding strategy affects how much up‑front town money is required, whether development will help repay bonds or loans, and how quickly sewer service can be expanded to support commercial and higher‑density development along Route 9.
A committee member briefed the group on information provided by Rob Anderson of…
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