Water Finance

After a week-long trial, a federal jury has awarded the City of Pomona $48 million in damages from SQM North America Corp., a subsidiary of a large Chilean mining company, for the costs of cleanup of the toxic chemical perchlorate from the city’s groundwater supply. Fertilizer sold byRead More

A recent report from the Environmental Policy Innovation Center (EPIC), a Washington, D.C.-based nonprofit, says the consolidation of water systems in the United States is happening at an extremely slow pace. While stronger state policies on consolidation are already coming on line, the EPA should prioritizeRead More

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

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

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

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

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

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

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

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