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$640M loan lets Washington County water project proceed

August 21, 2019
In The News

A federal loan of $640 million will enable residents of the Tualatin Valley Water District and several Washington County cities to get their water from the Willamette River.

The announcement this week by the Environmental Protect Agency will allow the Willamette Water Supply Project to proceed with a $1.2 billion project that will deliver water by 2026.

The loans of $388 million to the water district and $251 million to the City of Hillsboro will be repaid by their water customers. Beaverton has also purchased a share, but it's not liable for the loan.