Water Finance

Commentary: Now is the time to amend WIFIA

Commentary: Now is the time to amend WIFIA

By John Ryan Congress certainly looks like an exciting place this fall, with plenty of political fireworks and intense drama over spending. But there’s no doubt legislators and their constituents will also want to see progress on some basic things that are clearly beneficial, aren’tRead More

Survey: 66% of Americans say water requires more federal funding

Survey: 66% of Americans say water requires more federal funding

Water Finance, Water Management September 25, 2023 at 7:25 am

The American Business Water Coalition (ABWC), a national organization comprised of water-reliant businesses, has released a “U.S. Water Infrastructure Funding and Business Risks Survey,” examining voter opinions across a wide spectrum of water issues. The survey focused on water issues such as water quality, federalRead More

Fitch: Water utilities on solid footing despite possible recession

Fitch: Water utilities on solid footing despite possible recession

Public Utility Finance, Water Finance September 18, 2023 at 8:39 am

Fitch Ratings says U.S. water utilities weathered the COVID-19 pandemic remarkably well and appear to be on solid footing, even as the broader economy inches closer to recession, according to the credit ratings company’s annual peer review for the sector. According to the review, slowerRead More

Water recycling grants program launched

Water recycling grants program launched

Water Finance September 11, 2023 at 7:23 am

On Sept. 7, the U.S. Department of the Interior, Bureau of Reclamation (BOR) announced the launch of the Large-Scale Water Recycling Projects Competitive Grants Program, which Congress created in the Infrastructure Investment and Jobs Act of 2021. The WateReuse Association helped create the program duringRead More

Water sector reiterates call to fully fund SRFs in 2024

Water sector reiterates call to fully fund SRFs in 2024

Washington Report, Water Finance September 5, 2023 at 7:45 am

In August, 18 water sector organizations including those representing U.S. utility systems, wrote to Congress to reiterate support for funding the Clean Water and Drinking Water State Revolving Funds (SRFs) to the maximum authorization in federal law, $3 billion each, for fiscal year 2024. InRead More

Commentary: Climate Initiatives Stifle with Stuck-in-the-Past Equipment Purchasing

Commentary: Climate Initiatives Stifle with Stuck-in-the-Past Equipment Purchasing

Commentary, Public Utility Finance, Water Management August 21, 2023 at 10:45 am

By Soren Rasmussen Protecting the environment has never been so high on the agenda. So, isn’t it peculiar that in the wastewater industry, almost everything is still archaically structured to purchasing the cheapest possible equipment, which can all too soon end up as waste thatRead More

EPA announces $50 million in grants for stormwater, sewer needs

EPA announces $50 million in grants for stormwater, sewer needs

The U.S. Environmental Protection Agency (EPA) recently announced the availability of nearly $50 million in regular funding through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. States may now apply for grant assistance to fundRead More

Revisiting WIFIA Sub-UST Interest Rates for SRFs

Revisiting WIFIA Sub-UST Interest Rates for SRFs

By John Ryan The WIFIA loan program offers an interest rate derived from current U.S. Treasury (UST) yields at loan closing. Other large-scale federal infrastructure loan programs like TIFIA and CIFIA do the same. The underlying idea is that the loan should cover the government’sRead More

California attorney general leads coalition opposing 3M PFAS settlement

California attorney general leads coalition opposing 3M PFAS settlement

California Attorney General Rob Bonta last week, leading a bipartisan coalition of 22 attorneys general, announced the state’s opposition to a proposed class action settlement that he says fails to adequately hold accountable the 3M Company for contaminating Americans’ drinking water supply. Under the proposed settlement, water providers wouldRead More

BlueConduit introduces lead service line cost estimator

BlueConduit introduces lead service line cost estimator

Rehab & Replacement, Water Finance, Water Management July 19, 2023 at 12:55 pm

As water utilities across the United States work to find and replace lead service lines (LSLs), many are doing so without knowing just how many are in their system. To help utilities plan, water analytics company BlueConduit has launched a free LSL count and replacementRead More