The U.S. Environmental Protection Agency’s (USEPA) Water Infrastructure Finance and Innovation Act (WIFIA) program received an additional $8 million for credit subsidy in the Consolidated Appropriations Act of 2017. President Donald Trump signed the bill into law on May 5, 2017. The additional funding, combined with the $17 million appropriated for credit subsidy at the … Read more
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
As utility systems look to continue reinvesting in existing systems and expanding to serve new customers, one typical hurdle they face is how to pay for investments. Fortunate systems may have enough cash on hand or access to grant funding to offset the costs of needed improvements, but often a system will need to use … Read more
Minnesota, South Dakota, and Utah are among the recipients of nearly $500 million in grant money for transportation projects across the country through the competitive Transportation Investment Generating Economic Recovery (TIGER) program. Scott County, Minnesota will receive $17.7 million for a highway freight interchange at the junction of US 169, Trunk Highway 41, and supporting … 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
The South Dakota Department of Environment and Natural Resources (DENR) will accept applications through Oct. 1, 2016 for projects eligible for federal Clean Water Act, Section 319 nonpoint source control grants. DENR officials anticipate approximately $2 million will be available for projects in South Dakota. The U.S. Environmental Protection Agency (USEPA) grants require 40 percent … Read more