Submitted by Saint_2022 t3_11zr6dj in philadelphia
Probability-Bot t1_jdenepi wrote
Reply to comment by AbsentEmpire in ‘Where does it end?’: Philly water customers are concerned about proposed rate hike by Saint_2022
Im sure it wasnt but at least to offset even a little some of these price hikes...
https://water.phila.gov/drops/press-release-biden-announces-500m-financing-for-water-projects/
half_shell_hooligan t1_jdfkyif wrote
I think that's a loan, not a grant.
Probability-Bot t1_jdfmdtn wrote
Yea it looks like you are right. So i guess the hikes are to pay of the loans.
half_shell_hooligan t1_jdfpnd2 wrote
That tracks, they accepted a loan without a pay back plan in place
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