Pennvest’s New Program to Repair, Replace, or Connect Public Sewer
Pennvest has a new program to repair or replace an existing connection to public sewer or an individual, on-lot sewage disposal system; or connect an existing home for the first time to public sewer. This is a low-cost loan funded by PENNVEST and administered by the PA Housing Finance Agency. Fixed interest rate for life of loan, currently as low as 1.75 percent. Up to 20 years to repay loan balance.
Funds can be used for design, construction and permit costs.
If you borrow $15,000 at 1.75 percent ( 2.55 percent APR) for 20 years, you pay $75.00 monthly.
Call PHFA’s Solution Center at 855-U-ARE-HOME (855-827-3466) or visit www.phfa.org to learn more and view a list of participating lenders. Subject to credit approval and other possible restrictions. Interest rate quoted as of 1/1/2019. Information accessed via pamphlet from PHFA PV 4/19.
West Newton Borough
112 South Water Street
West Newton, PA 15089
Monday - Friday
8:00am – 4:00pm.