CARENCRO, La.
– The City of Carencro was awarded a $5.5 million loan to improve its water system.
The low-interest loan was issued through the State’s Drinking Water Revolving Loan Fund from the Louisiana Office of Public Health.
In addition to the loan, the city also received a grant from the Drinking Water Capitalization Grant that pays for the first $500,000 of the loan (known principal forgiveness).
LDH and City of Carencro officials closed the loan on January 23, 2018.
"The City of Carencro has experienced a tremendous amount of growth, both residential and commercial over the last five years.
To keep up with the demand on water, this loan will allow us to make improvements that will increase our volume and quality of water," said Carencro Mayor Glenn Brasseaux.
"Once these improvements are completed, the facility will handle the water demands for Carencro well into the future," added Brasseaux.
Dr. Parham Jaberi, assistant secretary for the Office of Public Health said it is imperative that all Louisiana residents have access to safe drinking water.
"This drinking water loan program gives local communities a source of dependable and affordable financing to bring their water treatment facilities up to the latest and most modern technology that keeps their residents safe and healthy," said Jaberi.