Water Finance

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

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

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

By Will Sarni It is estimated that currently 844 million people live without clean water, and 2.3 billion people do not have access to basic sanitation, according to water.org. Water scarcity affects more than 40 percent of the world’s population, and this figure is projectedRead More

The U.S. House of Representatives’ Transportation and Infrastructure (T&I) Committee last week marked up and advanced H.R. 1915, the Water Quality Protection and Job Creation Act of 2021. This legislation follows the Senate’s passage in May of its clean water reauthorization package, S. 914, theRead More

The White House last week announced the official launch of the Low-Income Household Water Assistance Program (LIHWAP) housed at the U.S. Department of Health & Human Services (HHS).  This program is the first of its kind designed to provide funding to help low-income households affected by the COVID-19Read More

The National Association of Clean Water Agencies (NACWA) and Association of Metropolitan Water Agencies (AMWA) are applauding the introduction of H.R. 3293, the Low-Income Water Customer Assistance Programs Act of 2021. The bipartisan legislation, led by Reps. Blunt Rochester (D-Del.) and John Katko (R-N.Y.) wouldRead More