State Representative Greg Davids (R-Preston) is pleased to announce that the City of Houston has received a Minnesota Public Facilities Authority (MPFA) grant.
“This is outstanding news for Houston, and I commend the city and state officials who worked together to make this grant happen,” Davids said.
Houston will receive a Drinking Water SRF-Loan of $149,500 for additional work on a city well. The MPFA estimates that the PFA loan (28 years at 1%) will save local taxpayers approximately $11,417 in interest costs compared to market rate financing.
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