12/3/2021 – Today, Helix Water District was invited by the US Environmental Protection Agency to apply for a $15.8 million low-interest loan to help finance major water infrastructure upgrades in East County.
The Water Infrastructure Finance and Innovation Act loan will help the district pay for over $32 million worth of needed capital improvement projects and facility upgrades. The projects improve water reliability, quality and increase energy efficiency throughout the district’s 50 square mile service area.
A low-interest loan offers flexibility by allowing the district to tackle larger capital improvement projects while also keeping other projects on schedule. Financing the district’s upcoming projects also benefits customers by providing rate stability.