Water Finance

The Conundrum of Water Affordability: What’s at Stake?

The Conundrum of Water Affordability: What’s at Stake?

Rates & Affordability, Water Finance February 8, 2021 at 10:01 am

By Ann Bui, Mike Orth & Bruce Allender The U.S. water industry has worked hard in recent years to remind people that potable water is not free. Procuring, treating, and distributing water is costly, and utilities need to cover their costs to make sure customers have safe drinkingRead More

NACWA, AMWA launch new campaign to reaffirm commitment to federal investment in water

NACWA, AMWA launch new campaign to reaffirm commitment to federal investment in water

The National Association of Clean Water Agencies (NACWA) and the Association of Metropolitan Water Agencies (AMWA) today kicked off a new joint campaign that the two organizations are calling: Affordable Water, Resilient Communities. Local utilities and their customers face financial challenges after years of increasing local costs andRead More

Biden outlines stimulus plan including water rate assistance

Biden outlines stimulus plan including water rate assistance

Washington Report, Water Finance January 28, 2021 at 11:25 am

A $1.9 trillion COVID-19 economic stimulus plan outlined by President Joe Biden proposes billions of dollars to help low-income families pay water and other utility bills while also offering additional funds to supplement the budgets of state and local governments. Called the American Rescue Plan, the President-elect’s proposal includesRead More

The Lake County Illinois Public Works Department in Libertyville, Ill., owns and operates two public water supply distribution systems across a large service territory in Northeast Illinois.

EPA invites 55 new projects to apply for WIFIA loans

Washington Report, Water Finance January 13, 2021 at 11:48 am

The U.S. Environmental Protection Agency (EPA) announced that 55 new projects in 20 states are being invited to apply for approximately $5.1 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans. This funding will help finance more than $12 billion in clean water andRead More

Water sector commends Congress for relief in appropriations package

Water sector commends Congress for relief in appropriations package

Congress recently released the Fiscal Year 2021 Consolidated Appropriations bill. The legislation contains a provision to create the first ever Low-Income Household Drinking Water and Wastewater Emergency Assistance Program with $638 million in appropriations – an historic win for water accessibility and the first appropriation ofRead More

EPA launches new clearinghouse for environmental finance

EPA launches new clearinghouse for environmental finance

Water Finance December 14, 2020 at 11:30 am

The U.S. Environmental Protection Agency (EPA) has launched the Clearinghouse for Environmental Finance (Clearinghouse), an online database of land, air, and water information. This new Clearinghouse catalogues available funding, financing, and instructional resources to aid communities in their efforts to improve environmental conditions. The Office ofRead More

How Will Water Affordability be Defined for the Next 20 Years?

How Will Water Affordability be Defined for the Next 20 Years?

Rates & Affordability, Water Finance December 9, 2020 at 8:00 am

The EPA has a chance to listen and implement water industry leaders’ recommendations on affordability using new data, methods, metrics and digital technologies. Here’s a review of submitted comments to the EPA on its proposed affordability guidance updates.  By Greg Baird In the United States,Read More

NACWA: Clean water funding excluded from final WRDA package

NACWA: Clean water funding excluded from final WRDA package

Friday evening, Congress released its long-awaited conferenced Water Resources and Development Act (WRDA). Over the past several cycles, this bill has become the vehicle of choice for authorizing essential funding for clean and drinking water infrastructure. While both the House and Senate Committee versions ofRead More

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

Public Utility Finance, Water Finance November 30, 2020 at 10:13 am

By Ian Lancaster & Katie Cason The COVID-19 pandemic and resulting economic volatility cast a blanket of uncertainty over many industries, causing key stakeholders — from investors to business leaders — to assess the shifting landscape and long-term implications for various sectors. For the water/wastewater infrastructure sector,Read More

EPA receives 67 new requests for WIFIA financing

EPA receives 67 new requests for WIFIA financing

Private Financing / P3s, Water Finance November 23, 2020 at 10:00 am

The U.S. Environmental Protection Agency (EPA) has received 67 letters of interest in response to the agency’s 2020 Water Infrastructure Finance and Innovation Act (WIFIA) Notice of Funding Availability. A total of $9.2 billion was requested this year — the largest amount ever requested throughRead More