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TLDA approves $18.6 million in Clean Water SRF loans for Brownsville, Parsons
Summary
The Tennessee Local Development Authority approved two Clean Water State Revolving Fund loans — $17 million to Brownsville Energy Authority and $1,606,835 to the City of Parsons — both 20-year loans at 1.32% interest with principal forgiveness applied to disadvantaged communities.
The Tennessee Local Development Authority on June 23, 2025, approved two Clean Water State Revolving Fund loans totaling $18,606,835 to support wastewater projects in Brownsville and Parsons.
TLDA staff said the SRF program balance before the loans was $245,327,242; if the loans are funded as requested the balance would decrease to $226,720,407. Miss Jones, SRF staff, told the board the program also has $1,358,000 available in a clean water emerging contaminant fund, of which no loans had…
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