EFC Awards $10.4M Plan to Upgrade
Peekskill’s Riverfront Pump Station
ALBANY—New York State officials announced that $176 million is being made available to help more than a dozen communities across New York State undertake critical water and sewer infrastructure improvement projects more affordably.
The Environmental Facilities Corporation Board of Directors approved on Sept. 18 low-cost financing and state and federal grants that empower local governments to advance critical upgrades—such as replacing lead service lines and removing emerging contaminants from drinking water—without passing high costs on to ratepayers.
The EFC approved a $10.4-million grant and financing package for the City of Peekskill for the planning, design and construction of resiliency improvements to the Riverfront pump station, gravity collection sewers and sanitary sewer force mains.
Another project funded in the New York metro region by EFC is a $5-million grant to the Albertson Water District in Long Island for the installation of a granular activated carbon treatment system for the removal of PFAS from existing Well No. 1.
In addition, the Jericho Water District was awarded a $5-million grant for new wellhead treatment of PFOA from the District’s Well No. 23 using granular activated carbon, demolition of the existing wellhouse, and construction of a new drinking water treatment building.
The funding includes a state grant under the $100-million Lead Infrastructure Forgiveness and Transformation (LIFT) program. EFC’s Board approved $22.8 million in LIFT and federal Infrastructure Investment and Jobs Act (IIJA) funding to replace 2,790 lead pipes in the City of Syracuse. It’s part of a broader $469 million statewide effort to get the lead out. Syracuse is one of 13 communities receiving these loan forgiveness grants to help cover costs not fully paid for by federal grants, minimizing the financial burden of these vital projects on local ratepayers.
The Capital region secured two grants totaling more than $79 million—$66.6 million for the City of Hudson and another $12.8 million to the City of Schenectady. EFC’s Board approved funding from the Clean Water and Drinking Water State Revolving Funds (SRF)—New York’s primary mechanism for financing sewer and water infrastructure. These funds, supported by both state and federal sources, offer low-interest, long-term financing to help communities afford essential projects.
Fully funded SRFs are necessary for New York to be prepared to meet the ongoing need for communities to repair, rehabilitate, and modernize aging infrastructure in the future. SRFs deliver over $1 billion annually to New York communities and have been significantly bolstered by IIJA funding.
EFC also approved previously awarded grants from the Water Infrastructure Improvement program, enabling more communities to move forward with critical repairs and upgrades.
Published: September 24, 2025.