ALBANY – The Town of Fallsburg will receive a state low-interest loan of $16.4 million for water collection system improvements.
The town will also get $5 million to finance additional costs for collection system improvements, and to extend the financing maturity date.
“It is vital that government work together to upgrade critical infrastructure projects throughout New York State,” said Senator John Bonacic (R, Mt. Hope). The low-interest lows “will help make vital improvements to the Town of Fallsburg water infrastructure.”
