City secures $52 million in SRF funding for lead and PFAS projects

The Wilmington FY2026 Budget Hearings focused on the Public Works Department and the six-year plan, held on April 30, 2025. The meeting highlighted significant funding allocations and ongoing projects aimed at improving the city's infrastructure.

The discussion began with an overview of financial support received through the State Revolving Fund (SRF) program. Officials reported that Wilmington has secured $52 million in SRF funds, which includes principal forgiveness. This funding is crucial for various active projects, particularly those addressing lead and PFAS contamination. Additionally, $14 million in loans specifically for these issues are expected to close in fiscal year 2026.

The meeting also noted that the city has received $13 million in Environmental Protection Agency (EPA) community grants, further supporting these active initiatives. In total, $9 million in grants from various sources have been allocated to ongoing projects, demonstrating a robust commitment to enhancing public works.

Furthermore, the city has benefited from four grants through congressionally directed spending over the past few years, which contribute to the overall funding landscape for public works.

In conclusion, the budget hearings underscored Wilmington's proactive approach to securing funding for critical infrastructure projects, particularly those aimed at environmental health and safety. The city plans to continue leveraging these financial resources to address pressing public works needs in the coming years.