The city of Chicago is getting a $15 million low-interest loan to help replace aging drinking-water mains and pipes.
Gov. Pat Quinn and Mayor Rahm Emanuel announced Wednesday that Chicago will receive the loan from the state's $1 billion Illinois Clean Water Initiative. That program helps local governments overhaul aging water and sewer plants and replace outdated pipelines.
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Chicago will use the money to replace about seven miles of drinking water pipes, some of which are more than 100 years old. Frequent water-main ruptures have caused water outages, basement flooding and even a sinkhole that an SUV fell into in 2011.
Officials say Chicago's project will support hundreds of jobs. Emanuel says the city has a goal of replacing 88 miles of water mains each year for the next decade.