Water Finance

Fitch: Water utilities weathering the aftereffects of inflation

Fitch: Water utilities weathering the aftereffects of inflation

Water Finance September 30, 2024 at 7:05 am

A recent peer review for the water sector from credit ratings agency Fitch Ratings’ shows the sector is holding steady overall despite the delayed effects of inflation that have hit U.S. water utilities harder over the last year. According to Fitch, water and sewer systemRead More

Activity 540 SBM provides CRS credit for inspections of storage basins. Credit: LAN.

EPA to provide technical assistance to rural, small and Tribal communities

Public Utility Finance, Water Finance September 27, 2024 at 11:56 am

The U.S. Environmental Protection Agency (EPA) recently announced the availability of $49 million in new technical assistance funding to help rural, small and Tribal communities address critical wastewater and water quality challenges. The new funding will be awarded to technical assistance providers who will helpRead More

AWWA updates national PFAS cost estimates

AWWA updates national PFAS cost estimates

Water Finance September 20, 2024 at 9:32 am

In April 2024, the U.S. Environmental Protection Agency (EPA) released new monitoring data for per- and polyfluoroalkyl substances (PFAS) from the Fifth Unregulated Contaminant Monitoring Rule (UCMR 5), shortly after publishing the final rulemaking setting drinking water standards for six PFAS. Using this data, theRead More

EPA announces $7.5 billion in loans available

EPA announces $7.5 billion in loans available

Public Utility Finance, Washington Report, Water Finance September 16, 2024 at 8:37 am

The U.S. Environmental Protection Agency (EPA) in early September announced the availability of $7.5 billion of Water Infrastructure Finance and Innovation Act (WIFIA) funding. This is the eighth round of funding available, and it includes $6.5 billion available through WIFIA and $1 billion available throughRead More

Transforming Your Water Agency’s Project Pipeline

Transforming Your Water Agency’s Project Pipeline

Water Finance September 9, 2024 at 8:15 am

Knowing How to Secure External Funding with Eastern Municipal Water District GM Joe Mouawad As water affordability becomes increasingly important for customers, the ability to develop cost-effective infrastructure solutions to meet customer needs has never been more critical. The good news is, there are fundingRead More

Before she became lead program manager, Brenda Culler helped develop Cleveland Water’s Childcare Lead Service Line Replacement Program, a pilot that successfully removed all known LSLs at state-licensed childcare facilities throughout Cleveland Water’s service area in 10 months.

EPA awards grants for lead pipe replacement in schools, childcare facilities

In August, the U.S. Environmental Protection Agency (EPA) announced $26 million in funding to help protect children from lead in drinking water at schools and childcare facilities. EPA said the grant funding will be used by 55 states and territories and the District of ColumbiaRead More

EPA awards $25 million in new grants for drinking water projects

EPA awards $25 million in new grants for drinking water projects

Public Utility Finance, Water Finance August 23, 2024 at 8:05 am

In August, the U.S. Environmental Protection Agency (EPA) announced $25.5 million in grants through a new program to support drinking water systems in underserved, small and disadvantaged communities while reducing impacts of climate change. EPA said this is the first time it is awarding fundingRead More

Finance pros convene at The Water Tower for 10th annual Water Finance Conference

Finance pros convene at The Water Tower for 10th annual Water Finance Conference

The Water Finance Conference hosted a successful 2024 event in Buford, Georgia, drawing water finance professionals from across the United States to discuss the latest trends, challenges and best practices in capital planning, customer affordability, consolidation/regionalization, SRFs, federal funding hurdles, and technology and innovation impacting utility financeRead More

Birmingham Water Works to get $171 million WIFIA loan

Birmingham Water Works to get $171 million WIFIA loan

Public Utility Finance, Water Finance August 12, 2024 at 8:39 am

At a recent event featuring U.S. Representative Terri Sewell (D-Ala.), U.S. Environmental Protection Agency (EPA) Acting Regional Administrator Jeaneanne Gettle announced a $171 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Birmingham Water Works Board in Alabama. EPA said the loan willRead More

House reauthorizes Water Resources Development Act

House reauthorizes Water Resources Development Act

Washington Report, Water Finance July 29, 2024 at 8:40 am

The U.S. House of Representatives last week passed legislation to reauthorize the Water Resources Development Act (WRDA), a biennial bill that authorizes U.S. Army Corps of Engineers projects. The bill, H.R. 8812, passed by a vote of 359 to 13. WRDA authorizes the U.S. Army CorpsRead More