Development in Greenfield has long been constrained by an undersized and outdated wastewater treatment plant. On April 14, the Greenfield City Council approved a transformative financing agreement with the Central Coast Regional Water Quality Control Board that helps move the project forward.
The $111.3 million project secured a $75 million forgivable loan, reducing the City’s financed share to $36.3 million at 2.2% over 30 years. This breakthrough clears the way for construction of a new facility capable of treating 2 million gallons per day — creating new opportunities for housing, business growth, and long-term community investment.
Congratulations to the leadership of Greenfield, and to David Armanasco and Rusty Areias for helping deliver this important win.
