Water Finance

Five water sector associations representing drinking and clean water utility systems submitted a letter to Congress last week in support of the “Water Systems PFAS Liability Protection Act.” The bill was introduced in the U.S. Senate and aims to hold polluters accountable for Per-and PolyfluoroalkylRead More

The Orange County Sanitation District (OC San) in Fountain Valley, Calif., has announced Wally Ritchie has been selected as its new director of finance. Ritchie officially begin his position on April 7. “I am honored and excited to have been selected as the new DirectorRead More

Recommendations Include Establishment of Permanent Low-Income Water Customer Assistance Program at HHS Five water sector organizations joined forces today to release a new report on the growing water affordability concern for low-income Americans and call for a permanent program to address the challenge. The AmericanRead More

Earlier this month, the Maryland Board of Public Works (BPW) approved an estimated $25 million in loans and loan forgiveness to WSSC Water to help Maryland’s largest water utility continue efforts to protect local waterways and the Chesapeake Bay with the construction of the PiscatawayRead More

Next week, water sector leaders will gather in the nation’s capital for Water Week, an annual week of in-person meetings, events and Capitol Hill visits with lawmakers to discuss the most critical issues facing water. The National Association of Clean Water Agencies (NACWA), the WaterRead More

The U.S. Environmental Protection Agency (EPA) has announced more than $6.5 billion for states, tribes and territories for essential drinking water infrastructure upgrades across the nation through the Drinking Water State Revolving Fund (DWSRF).   Through President Joe Biden’s Bipartisan Infrastructure Law, EPA is increasingRead More

By John Ryan Rapidly rising interest rates were a primary cause of Silicon Valley Bank’s collapse. Its multiple consequences will almost certainly mark the start of an extended period of interest rate volatility. The Federal Reserve is steering a narrow course between taming inflation and inflictingRead More

According to Fitch Ratings, the U.S. Environmental Protection Agency’s (EPA) recently proposed rule setting limits on per- and polyfluoroalkyl substances (PFAS) in drinking water would increase public water utilities’ debt burden as a result of the added costs of compliance. A recent press release fromRead More

| By Gregory M. Baird Cities across the United States are struggling with maintaining existing infrastructure with supply chain disruptions and rising costs of equipment, manpower and supplies. Likewise, developers are faced with many challenges to plan, finance and build basic infrastructure and housing unitsRead More

| By Robert Sheets Last summer, Ellory Monks and Shalini Vajjhala writing for the Brookings Institute, noted that $850 billion of funding is coming from the Infrastructure Investment and Jobs Act (IIJA). They rightfully note that funding like this typically goes to larger, wealthier communities.Read More