Beacon Hill News
State Grants Low-Interest Loans for $50 Million in Haverhill Sewer Work, $15 Million Groveland Well Project
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Haverhill is receiving millions of dollars in state financing help for its sewer projects this year, while Groveland will be receiving state help upgrading its well water treatment. Haverhill Public Works Director Robert E. Ward told WHAV most of the help comes in the form of low-interest rate financing—previously around 1.5% on a 20-year loan, but there is also a small amount of loan forgiveness granted to communities. “It is still a low-interest loan, but there is a little bit of forgiveness. Every little bit helps,” he said. Haverhill sewer projects include South Mill Street Pump Station, $14.6 million of a $57 million upgrade; Locke Street work including combined sewer separation, $23 million; closure of the northern mound of Groveland Road landfill, $10.1 million; and cured-in-place-pipe trenchless lining in various locations, $2.3 million.