First WIFIA Annual Report Highlights $3.5 Billion in Infrastructure Funding

The U.S. Environmental Protection Agency’s (USEPA) has released its first-ever annual report for the Water Infrastructure Finance and Innovation Act (WIFIA) program. Through 2019, the WIFIA program financed more than $3.5 billion in loans, which USEPA says has saved borrowers $1.2 billion dollars and has helped improve water quality for more than 20 million Americans. The … Read more First WIFIA Annual Report Highlights $3.5 Billion in Infrastructure Funding

North Dakota, Utah and Wisconsin Apply for Third Round of WIFIA Funding

The U.S. Environmental Protection Agency (USEPA) received 51 letters of interest, collectively requesting $6.6 billion, from the Water Infrastructure Finance and Innovation Act (WIFIA) third round of the funding application process. “Since the WIFIA program’s inception in 2017, EPA has received requests totaling $21.7 billion for water infrastructure projects across the country – evidence of … Read more North Dakota, Utah and Wisconsin Apply for Third Round of WIFIA Funding

WIFIA Deadline Extended

The U.S. Environmental Protection Agency (USEPA) announced that the deadline to submit letters of interest for Water Infrastructure Finance and Innovation Act (WIFIA) loans has been extended to July 31, 2018. “By extending the deadline to apply for a WIFIA loan, even more entities will be able to bring critical water infrastructure improvements to their … Read more WIFIA Deadline Extended

Federal Omnibus Spending Bill Includes $63M for WIFIA & $1.6B for DWSRF

In late March, the U.S. Congress and President Donald Trump approved a $1.3 trillion federal spending package that more than doubles the funding for the Water Infrastructure Finance and Innovation Act (WIFIA) as well as increasing the Drinking Water State Revolving Fund (DWSRF) loan program. Within the federal omnibus budget bill, WIFIA received $63 million … Read more Federal Omnibus Spending Bill Includes $63M for WIFIA & $1.6B for DWSRF

WIFIA Legislation Would Provide Low-Cost Loans for Water Infrastructure Projects

U.S. Senators John Hoeven (R-N.D.) and Cory Booker (D-N.J.) introduced legislation in late January to reauthorize the Water Infrastructure Finance and Innovation Act (WIFIA). The bill would help stimulate investment in water infrastructure, such as flood control, stormwater management, and wastewater treatment by supplementing Federal funding with long-term, low-cost loans and loan guarantees. Similar legislation has … Read more WIFIA Legislation Would Provide Low-Cost Loans for Water Infrastructure Projects

Funding for WIFIA, DWSRF and CWSRF Included in President’s FY18 Budget

President Donald Trump’s Budget Request for fiscal year 2018 (FY18), includes funding for the Water Infrastructure Finance Innovation Act (WIFIA), Drinking Water State Revolving Fund (DWSRF), and Clean Water State Revolving Fund (CWSRF) programs, within the U.S. Environmental  Protection Agency (USEPA) budget. The WIFIA program received $20 million, with $17 million of that amount eligible … Read more Funding for WIFIA, DWSRF and CWSRF Included in President’s FY18 Budget