Flint may be forgiven on $20M in water loans

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(Photo by Brett Carlsen/Getty Images)

FLINT, Mich. (AP) — Gov. Rick Snyder’s administration says there’s a plan in the works to forgive $20 million in water loans made to Flint.

Snyder adviser Rich Baird believes the state “will be able to facilitate” loan forgiveness due to a law signed by President Barack Obama before he left office. The Flint Journal reports Flint has been paying interest on the loans.

The newspaper says Baird made remarks about loan forgiveness at a Feb. 17 meeting. Meanwhile, the state has said it will stop subsidizing water bills and stop payments to Flint’s water supplier. Flint has been struggling for two years because of lead-tainted water, although the quality is improving.

Mayor Karen Weaver believes Flint residents should continue to get financial help until water can be consumed without a filter.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.