Dam and Seawall Removal or Repair Program

The Executive Office of Energy and Environmental Affairs (EEA) is seeking responses from qualified organizations to provide loans for the repair or removal of dams, levees, seawalls, and other forms of inland flood control and coastal protection infrastructure. The program aims to enhance, preserve, and protect the natural resources and scenic, historic, and aesthetic qualities of the Commonwealth of Massachusetts. The loan program will provide financial assistance to implement repairs to key infrastructure that provides storm damage protection and flood and erosion control. Projects may also remove unneeded infrastructure to increase resilience or establish natural protection solutions. The program has three categories: Category 1 - Dams and similar unregulated impoundments, Category 2 - Seawalls, coastal flood and/or foreshore protection, and Category 3 - Inland flood control structures and levees, excluding dams and similar unregulated impoundments. • The program is open to local governmental bodies. • The minimum loan amount is $500,000, and the maximum loan amount is $5,000,000. • The interest rate for loans will be fixed at no more than 2% or one half the market rate. • Loan terms may be modified to provide an incentive for projects that minimize or eliminate the use of hard infrastructure. • Projects must demonstrate an overall benefit to the general public and must be incidental to the public good. • Priority will be given to projects that improve public health, public safety, and protection of public infrastructure. • Applicants must submit an application form, certification of authorization, and other supporting documents. • Applications will be accepted on a rolling basis up to the application deadline.