The U.S. Environmental Protection Agency (USEPA) recently announced it is accepting letters of interest (LOI) for credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program. The WIFIA program will provide long-term, low-cost credit assistance in the form of direct loans and loan guarantees to creditworthy water projects. … Read more
The U.S. House of Representatives and U.S. Senate passed separate versions of the Water Resources Development Act (WRDA) of 2016 in September. The Senate passed S. 2848, WRDA, in mid-September. WRDA includes a key water infrastructure provision of $70 million. The funding would allow the Water Infrastructure Finance and Innovation Act (WIFIA) loan program to … Read more
Water and wastewater utilities, and their advocates are celebrating a huge step forward for the Water Infrastructure Finance and Innovation Act (WIFIA) after President Barack Obama signed legislation that lifts a ban on the use of tax-exempt bonds with WIFIA loans. Now the American Water Works Association (AWWA) is urging Congress to appropriate funds to … Read more