Riverkeeper Commends EPA Ruling on Tappan Zee loan; calls on state to spend the rest properly
September 16, 2014
Riverkeeper Team
FOR IMMEDIATE RELEASE
Riverkeeper Responds to Feds Disallowing More Than $481 Million of
Tappan Zee Bridge Loan
OSSINING, NY – September 16, 2014 – The EPA issued a letter today disqualifying more than $481 million of a $511 million loan for projects associated with replacing the Tappan Zee Bridge, ruling that the vast majority of the loan was ineligible for funding through the Clean Water State Revolving Fund. Following is a statement from Paul Gallay, President and Hudson Riverkeeper:
“Riverkeeper said this loan wouldn’t pass federal review and sure enough, the EPA has struck almost all of it down. Good for them. Now, the state needs to take the half billion dollars it tried to loan to itself for the bridge and spend it properly - on the state’s crumbling wastewater infrastructure.”