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Planning board discusses $500,000 no‑interest septic loans and hazard‑mitigation acquisition options
Summary
Staff briefed the board on a Division of Water Infrastructure $500,000 grant to fund a no‑interest loan program targeting high‑risk septic systems, and Deputy Director Joe Costello described state-managed hazard mitigation acquisition options for repetitive‑loss flood properties.
The Planning Board reviewed details of a Division of Water Infrastructure grant the town received to seed a no‑interest loan program for septic upgrades and discussed how the town might use hazard‑mitigation grant funds to elevate or acquire repeatedly damaged properties.
Staff explained the $500,000 program will be distributed through a no‑interest loan program and that the advisory committee is prioritizing high‑risk properties: those adjacent to water bodies or properties that have not had recent…
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