The U.S. Army Corps of Engineers (USACE) is providing long-term, flexible loans for dam safety projects. FLTF will submit its preliminary application this week and anticipates a response from the Army Corps by late December. If our preliminary application is approved then we will be eligible to receive funding through the CWIFP Loan Program. This loan program is far more favorable than municipal financing with lower interest rates and flexible terms that would benefit the FLTF SAD.
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