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MISSION

 

PENNVEST was founded on March 1, 1988 and servicers the communities and citizens of Pennsylvania by funding sewer, storm water and drinking water projects.
 
Since its inception, PENNVEST has continued its service to the communities and citizens of Pennsylvania by funding sewer, storm water and drinking water projects throughout the Commonwealth.  These projects not only contribute to improving Pennsylvania's environment and the health of its people, they also provide opportunities for economic growth and jobs for Pennsylvania's workers.
 
PENNVEST's low cost financial assistance helps make the water that is consumed every day by thousands of Pennsylvanians safe to drink.  It helps clean rivers and streams in communities for the enjoyment of our citizens and the protection of our natural resources.  PENNVEST funding also assists businesses to locate and expand their operations in Pennsylvania to create permanent, well-pay jobs for our workers.
 
All of us at PENNVEST are committed to working harder and smarter for the citizens of our Commonwealth.  We are working with the public and job creators to achieve both environmental improvements and economic development.  We continually seek ways to make these twin goals compatible, to work together for the common good of all Pennsylvanians.
 
Through the financing we offer, PENNVEST represents an important part of Pennsylvania's environmental improvement and economic development efforts.  With every loan that we approve, we show in very concrete terms how these goals can work side-by-side for the betterment of Pennsylvania and the improvement of our lives and those of our children.
 
General Information:
 
Funding for Drinking Water, Wastewater, Storm water and Non-Point Source Pollution Prevention Projects
Primarily low interest loans (with some grant funding available) to pay for costs associated with design, engineering, and construction of public or private owned drinking water or wastewater systems, non-point source pollution mitigation and storm water projects.
 
Availability of funding to individuals
Low interest loans available to individuals to finance repair or replacement of their malfunctioning on-lot system for their primary residence, first time connection to public system, and in some cases replacement of existing connections to reduce inflow and infiltration.
 
Brownfield Redevelopment Loans
Low interest loans available for remediation of sites related to water quality benefits.
 
Nutrient Credit Trading
Provides a platform for trading nutrient credits with the Chesapeake Bay watershed.
 
Grants
Supplemental grants available on a limited basis for systems with residential user rates, or with limited capacity to handle debt service.  No separate application is necessary.  Analysis is performed on each submittal for grant consideration.