CAPE MAY — U.S. Rep. Frank LoBiondo (R-2nd) today announced $2 million in new federal grants and low interest loans for rehabilitation of existing sanitary sewer system in this city.
A $600,000 grant and a $1.4 million loan were granted to the municipality by the U.S. Department of Agriculture (USDA) Rural Development program.
“This is great news for the City of Cape May,” said LoBiondo in a release. “These new federal funds will provide a significant boost to critical economic development projects in the city. I want to thank USDA Rural Development and, in particular, Andy Law for his dedication to improving South Jersey communities.”
“The restoration of the city’s sanitary sewer system is vital towards the health, safety and economic revitalization of Cape May City. Rural Developments’ continued support of our coastal towns continues to be of highest priority. The wear and tear of the public utilities along our coast requires continued prudent investment. Through the leadership and sound fiscal responsibility from the city managers, Cape May City is no longer the end of the state but a safe and healthy place to live and visit,” said Law, state director for USDA Rural Development.
In addition to today’s announcement, the city has been awarded $850,000 in USDA Rural Development grants and $2.45 million in low interest loans since 2005. The total federal contribution from 2005 to 2007 has been $5.3 million.
