Sens. Menendez, Booker, Rep. Pascrell Introduce Bill to Help Overhaul Aging Water Infrastructure, Replace Lead Pipes
"Towns and cities across
"Every day, children and families in
"From
The Lead-Free America Bonds Act will allow eligible communities to secure the financing they need to accelerate the replacement of lead pipes and aging water infrastructure. Entities that issue Lead Free American Bonds (LFABs) will receive a payment from the federal government equivalent to the cost of interest on the bond, essentially making them interest-free.
LFABs can be issued by a municipality to replace lead water infrastructure that has exceeded the
"
According to the


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