PROJECTGRANT FUNDING

Backshore sewer force main replacement

Town of Lake Lure
Detected
Jul 14, 2026
111 days ago
Sector
Capital Projects
Est. value
Free account
Detected 111 days agoJul 14

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THE 30-SECOND BRIEF

What's planned

Lake Lure is accepting $3,500,000 in additional SRF Helene funding for the Backshore Force Main design and construction project to replace the subaqueous sanitary sewer. Total funding for this project rises to $31,080,261 across SRF loans, ARP grants, and Helene funds toward a $69,502,330 sewer replacement scope. Engineering milestones run through 2028, creating ongoing needs for design support, construction, easements, and specialty sewer materials and services.

Background

Funding mix for this agreement now includes $19,580,261 CWSRF loan, $8,000,000 ARP earmark grant, and $3,500,000 Helene SRF (75% forgiveness, 25% loan).

From the meeting

Meeting date
July 14, 2026
Agency
Town of Lake Lure

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