Water Finance

EPA: $2 billion in grants available to combat emerging contaminants

EPA: $2 billion in grants available to combat emerging contaminants

Public Utility Finance, Water Finance February 21, 2023 at 9:25 am

The U.S. Environmental Protection Agency (EPA) has announced the availability of $2 billion from President Joe Biden’s Bipartisan Infrastructure Law to address emerging contaminants like Per- and Polyfluoroalkyl Substances (PFAS) in drinking water across the country. The investment, which is allocated to states and territories,Read More

City of Fort Lauderdale enters P3 for advanced water treatment project

City of Fort Lauderdale enters P3 for advanced water treatment project

Private Financing / P3s, Water Management February 21, 2023 at 8:45 am

Ridgewood Infrastructure LLC and IDE Technologies, LTD have announced the closing of a public-private partnership (P3) with the City of Fort Lauderdale, Florida, to design, build and operate a new 50 million gallons per day water treatment plant – the Prospect Lake Clean Water Center.Read More

Six FCRA Criteria for Federally Involved Projects

Six FCRA Criteria for Federally Involved Projects

Public Utility Finance, Water Finance February 15, 2023 at 11:34 am

By John Ryan Stakeholders of the U.S. EPA WIFIA loan program will recall that the program ran into a serious-sounding issue about correct budgeting a few years ago. The issue arises when a WIFIA loan is made to an infrastructure project that has some degreeRead More

Biden-Harris admin announces $340 million for Philly water projects

Biden-Harris admin announces $340 million for Philly water projects

Public Utility Finance, Water Finance, Water Management February 13, 2023 at 9:53 am

The U.S. Environmental Protection Agency (EPA) recently announced a $340 million financing commitment to upgrade the City of Philadelphia’s aging drinking water infrastructure, including replacing customers’ lead service lines. The agency says a Water Infrastructure Finance and Innovation Act (WIFIA) low-interest loan will jumpstart theRead More

NACWA says EPA’s FCA Guidance fails to affect low-income affordability

NACWA says EPA’s FCA Guidance fails to affect low-income affordability

The National Association of Clean Water Agencies (NACWA) expressed its disappointment this week at the outcome of a nearly five-year process to significantly overhaul the U.S. EPA’s Financial Capability Assessment (FCA) Guidance and ‘meaningfully address’ the growing ratepayer affordability gap. First issued in 1997, theRead More

Scorecard ranks U.S. states on water efficiency, sustainability policies

Scorecard ranks U.S. states on water efficiency, sustainability policies

In January 2023, the Alliance for Water Efficiency (AWE) released its 2022 U.S. State Policy Scorecard for Water Efficiency and Sustainability (Scorecard), which ranks each U.S. state based on its adoption of laws and policies that advance water efficiency, conservation, sustainability and affordability. California wasRead More

Stormwater research centers funded after WEF, NMSA support

Stormwater research centers funded after WEF, NMSA support

Washington Report, Water Finance, Water Management January 26, 2023 at 2:00 pm

Research centers focused on stormwater infrastructure will be established through federal funding after extensive support from the Water Environment Federation (WEF) and the National Municipal Stormwater Alliance (NMSA). Congress has provided $3 million in initial funding for the establishment of three to five Centers ofRead More

Adding the Limited Buydown to WIFIA Loans

Adding the Limited Buydown to WIFIA Loans

Public Utility Finance, Water Finance January 16, 2023 at 7:45 am

By John Ryan The EPA’s WIFIA loan program offers several interest rate management features that are highly beneficial for large-scale infrastructure financings, including a U.S. Treasury-based fixed-rate lock for construction and permanent drawdowns, post-execution rate resets until draw, and no-penalty cancellation and prepayment. All areRead More

Call for Speakers! 2023 Water Finance Conference

Call for Speakers! 2023 Water Finance Conference

9th Annual Event Returning to Cleveland, Ohio, August 8-9 RICHFIELD, Ohio — Organizers of the 2023 Water Finance Conference are looking for speakers for its ninth annual event to be held Aug. 8-9 in Cleveland, Ohio. Please email your 200-word abstract by March 10, 2023. Details below. The WaterRead More

New Jersey to get $500 million in first SWIFIA loan issued

New Jersey to get $500 million in first SWIFIA loan issued

Public Utility Finance, Water Finance January 9, 2023 at 8:16 am

The U.S. Environmental Protection Agency (EPA) has announced a $500 million loan to the New Jersey Infrastructure Bank to modernize wastewater and drinking water systems serving over 10 million people throughout New Jersey. This is the first loan issued through the State Infrastructure Financing AuthorityRead More