The City of Rochester to benefit from the Indiana Finance Authority closing approximately $119 million in low-interest financing for the month of June to help five Indiana cities to fund drinking and/or waste-water infrastructure projects.
By leveraging the State Revolving Fund program, the communities will save an estimated aggregate of $50.2 million in principal and interest costs, compared to open-market financing.
The SRF program will also provide the City of Rochester with nearly $17.4 million in low-interest financing for improvements to its drinking-water systems. By utilizing the SRF program, the City of Rochester will save $7.4 million in principal and interest compared to open-market financing. This project will construct a new elevated storage tank, replace lead service lines, as well as complete looping projects within the distribution system. The City of Rochester’s project will reduce the risk of lead in drinking water, provide adequate water storage, and increase pressure and flow in the distribution system allowing the city to provide the most safe and reliable water to its service area.
Meta to pay up to $419M to Indiana, implement sweeping child-safety reforms on Instagram and Facebook
New storm recovery texting service to connect impacted Hoosiers with disaster resources
Indiana Pork and Indiana Beef donate State Fair food to support flood-ravaged communities
Parke County native enjoys success with latest business endeavor
IDEM reminds residents to sort and safely dispose of flood debris
Gov. Mike Braun orders flags lowered to half-staff in honor of Dolly Parton
Indiana law enforcement to increase impaired driving enforcement ahead of Labor Day
Indiana State Fair "Taste of the Fair" presented by Pepsi announces 2026 winners
Indiana Agriculture and Technology School featured at recent Rockville Rotary meeting
Dwight Ashley joins Rockville Rotary
Greencastle Music Fest is this weekend
Little Italy Festival is right around the corner
Indiana launches emergency program for veterans impacted by historical flooding
Driver charged after spotted by officer speeding and driving recklessly
