An Update on the WIFIA Loan Program

With three years of solid results, WIFIA looks poised for long-term success. But the program could also be a very effective part of the federal response to COVID-19.

By John Ryan

The U.S. EPA’s Water Infrastructure Finance and Innovation Act Loan Program (WIFIA) was enacted in 2014 and became operational in 2017. WIFIA has now completed three solicitation rounds over the period 2017-2019, generating 90 competitively selected applications totaling $13.6 billion of loan volume, of which more than $5 billion has been closed.