State approves $69M in water infrastructure loans for Memphis, Johnson City, and Lebanon

Gov. Bill Lee speaks to reporters following on Dec. 13, 2019. (Erik Schelzig, Tennessee Journal)

Gov. Bill Lee and  Tennessee Department of Environment and Conservation Commissioner David Salyers announced three cities will received $69 million loans for water improvements through the Tennessee Local Development Authority.

Memphis will receive $48 million under the program, $15 million goes to Johnson City, and $5.7 million heads to Lebanon.

The Clean Water State Revolving Fund loan will address wastewater treatment plant improvements in Memphis and rehabilitation of sewer interceptors in Johnson City and Lebanon.

The state’s Clean Water State Revolving Fund Loan Program has awarded more than $2 billion in low-interest loans since 1987.