WIFA Closes $89,640 Loan with Jake's Corner Water System

On November 6th, 2020, the Water Infrastructure Finance Authority and Jake's Corner Water Company, Inc. closed their Drinking Water State Revolving Fund (DWSRF) loan. The loan is for $89,640 and has a 100% forgivable principal amount. 

Project Description

To resolve inadequate storage capacity, the Water System has proposed to install two storage tanks (with a total capacity of 10,000 gallons), two booster pumps and related appurtenances. The new infrastructure will allow the Water System additional flexibility in their operational scheme since they will not rely on a single well pump to provide operational pressures to the distribution system.

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