Biden administration EPA set to announce $727 million in low-interest loans for Santa Clara County water plans
Two huge dam projects are being planned in Santa Clara County, at a price tag in the billions. The Biden administration has decided to help fund one of them, but — at least for now — not the other.
The news is a boost for the Anderson project, whose price tag increased last month from $1.2 billion to $1.4 billion. Construction crews are currently building a new outlet tunnel, which they expect to finish in late 2024. They then plan to tear down most of the existing earthen dam and rebuild it, with a completion date of 2032.
Callender said he has met with EPA officials, and they they have not denied funding for Pacheco outright. Rather, he said, they have delayed a decision until after March 16, when the district’s board is scheduled to vote on whether to move forward with the project by authorizing its staff to take it from 30% design completion to 60%.
EPA officials in San Francisco declined to answer specific questions Wednesday about the status of the Pacheco loan.
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