Water Finance

EPA announces $25 million in WIIN grants

EPA announces $25 million in WIIN grants

The U.S. Environmental Protection Agency (EPA) has announced the availability of $25 million in Water Infrastructure Improvements for the Nation (WIIN) Act grants to help improve drinking water. EPA says it is committed to ensuring that all Americans, especially those living in small towns andRead More

EPA receives 50 new requests for WIFIA funding totaling $8.2 billion

EPA receives 50 new requests for WIFIA funding totaling $8.2 billion

The U.S. Environmental Protection Agency (EPA) has received 50 letters of interest in response to the agency’s 2021 Notices of Funding Availability. Requests totaling $8.2 billion exceed the agency’s $6.5 billion in available financing and highlight widespread needs for water infrastructure upgrades to benefit communities across theRead More

Fitch: Arizona water rates rise as Colorado River shortage declared

Fitch: Arizona water rates rise as Colorado River shortage declared

Rates & Affordability, Water Management August 18, 2021 at 3:34 pm

According to Fitch Ratings, mandatory water cuts from the Colorado River for the 2022 water year were recently announced by the U.S. Bureau of Reclamation (USBR) in its Colorado Basin August 2021 24-month study. Per the study, Lake Mead will operate under a tier 1Read More

Water Finance Conference to conclude virtual sessions Thursday

Water Finance Conference to conclude virtual sessions Thursday

August 10 | August 12 | August 17 | August 19 The 2021 Water Finance Conference, which is being presented in a virtual format this month, will conclude its virtual sessions Thursday, Aug. 19 with Session 4. This year’s conference is covering a range of topicsRead More

Senate passes infrastructure bill with major SRF increases

Senate passes infrastructure bill with major SRF increases

On Tuesday, the U.S. Senate passed the Infrastructure Investment and Jobs Act after months of bipartisan negotiations between the Biden Administration and a bipartisan group of Senators. The legislative package contains $550 billion in new spending, of which $55 billion will go toward clean andRead More

Infrastructure bill moves forward in Senate

Infrastructure bill moves forward in Senate

The U.S. Senate worked into the weekend on a massive infrastructure bill that promises to spend an additional $550 billion on infrastructure over five years, including $48.4 billion focused on drinking water and wastewater programs at the U.S. EPA. As of Friday, the measure appearedRead More

Innovations in Stormwater Funding: Trip-Generation Rates

Innovations in Stormwater Funding: Trip-Generation Rates

Financial Report, Guest Columns, Water Finance July 19, 2021 at 9:15 am

By Kyle Stevens Climate change is a pressing issue for local governments. The unpredictable nature of storm events and sea level rise has put a strain on already aging stormwater infrastructure, requiring huge investments to address the problem. Paying for these investments should not relyRead More

Increasing State Revolving Fund Capacity through Leveraging

Increasing State Revolving Fund Capacity through Leveraging

Public Utility Finance, Water Finance July 9, 2021 at 8:16 am

Editor’s Note: This article is a follow-up to a piece in the April issue discussing how innovative features of the WIFIA program can help expand SRF loan capacity. By Katy Hansen, Sridhar Vedachalam & John Ryan In 2008, Iowa state lawmakers were determined to financeRead More

A Perspective on Public Water Sector Asset Valuation

A Perspective on Public Water Sector Asset Valuation

Public Utility Finance, Water Finance July 6, 2021 at 11:24 am

By Mark T. Hessel   Property insurance coverage for water and wastewater utilities can present many challenges – for insurer and insured, alike. Accurate coverage begins with proper recording and valuation of the underlying exposures; however, property typically found in utility operations can be difficultRead More

Biden administration, Senators agree on bipartisan infrastructure framework

Biden administration, Senators agree on bipartisan infrastructure framework

Washington Report, Water Finance June 28, 2021 at 10:11 am

The Biden administration and a bipartisan group of senators last week reached agreement on a $1.2 trillion “Bipartisan Infrastructure Framework” that could set the stage for a massive new investment in the nation’s infrastructure, according to the Association of Metropolitan Water Agencies (AMWA). According toRead More