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TLDA approves $15.9 million drinking-water loan for Clifton, including PFAS treatment forgiveness
Summary
The Tennessee Local Development Authority approved a $15.9 million state revolving fund loan to the city of Clifton to finance a new drinking water treatment plant, including a forgivable component to cover PFAS treatment costs.
The Tennessee Local Development Authority on April 10 approved a $15.9 million drinking-water revolving fund loan to the city of Clifton to help build a new drinking water treatment plant, including a forgivable component to cover PFAS treatment costs.
TLDA staff told the board the drinking water program’s unobligated balance as of April 10, 2025, was $69,779,918 and that Clifton is seeking a total loan of $15,900,000. “Our unobligated balance for the drinking water program as of, 04/10/2025 is $69,779,918,” TLDA staff member Miss Jones…
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