
MPWSP Newsletter 2019 Q1
APPLICATION FILED FOR LOW-COST PROJECT FINANCING On December 31, 2018, California American Water submitted its State Revolving Fund application for low-interest financing to help fund construction of the Monterey Peninsula Water Supply Project. The company applied for a financial assistance package in the amount of $138 million, which would cover nearly half the project cost. The U.S. Environmental Protection Agency and the State Water Resource Control Board administer state