Water Finance

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Construction crew strikes water main at Geary and Montgomety streets

Poll: Americans demand federal action on infrastructure

Washington Report, Water Finance, Water Management May 16, 2017 at 12:43 pm

The Value of Water Campaign recently released the results to a new poll that reveals Americans’ level of satisfaction with infrastructure systems and emphasis being placed on prioritizing critical projects by the federal government. The poll, commissioned by the Value of Water Campaign, found that moreRead More

EPA to fund Oklahoma nonpoint-source pollution projects

EPA to fund Oklahoma nonpoint-source pollution projects

Water Finance, Water Management May 11, 2017 at 9:29 am

The U.S. Environmental Protection Agency (EPA) recently awarded $855,0000 to the Oklahoma Office of the Secretary of Energy to support management of nonpoint-source water pollution. The funding will be used for a variety of projects designed to improve water quality in several priority watersheds. “ImprovingRead More

AWWA applauds Congress for WIFIA boost

AWWA applauds Congress for WIFIA boost

Washington Report, Water Finance May 10, 2017 at 8:23 am

The American Water Works Association applauded Congress for appropriating an additional $10 million for the Water Infrastructure Finance and Innovation Act (WIFIA). The additional $10 million brings WIFIA funding in 2017 to $30 million, which can leverage an estimated $1.5 billion in federal loans. Because WIFIA canRead More

FY17 Omnibus bill lifts WIFIA funding

FY17 Omnibus bill lifts WIFIA funding

Washington Report, Water Finance May 8, 2017 at 7:00 am

The $1.017 trillion omnibus appropriations bill signed in early May by President Donald Trump finalizes federal agency budgets for the remainder of the 2017 fiscal year and removes the immediate threat of a government shutdown. The bill slightly reduces overall EPA appropriations, but also delivers fresh newRead More

Raftelis hires Mastracchio to head new Albany office

Raftelis hires Mastracchio to head new Albany office

Water Finance May 4, 2017 at 12:19 pm

Raftelis Financial Consultants, Inc. (RFC) has announced the hiring of John Mastracchio as a vice president. Mastracchio, who lives in the Albany area, will head up the new RFC office in Albany, N.Y. Mastracchio has more than 22 years of experience as a financial and managementRead More

AWWA urges increased WIFIA funding as demand grows

AWWA urges increased WIFIA funding as demand grows

Public Utility Finance, Water Finance May 4, 2017 at 9:44 am

The American Water Works Association (AWWA) celebrated news that 43 entities have expressed interest in loans through the Water Infrastructure Finance and Innovation Act (WIFIA) and urged increased funding to confront the U.S. water infrastructure challenge. AWWA, the chief architect of the WIFIA program, continuesRead More

Fitch: WIFIA could provide long overdue boost to water projects

Fitch: WIFIA could provide long overdue boost to water projects

Public Utility Finance, Water Finance May 4, 2017 at 8:45 am

According to a new report from Fitch Ratings, water and sewer utilities throughout the country are faced with aging infrastructure and a rather large price tag to rectify it, which could pave the way for substantially more investment in the space. The California drought, theRead More

AMWA: Trump tax plan doesn’t mention muni bond interest

AMWA: Trump tax plan doesn’t mention muni bond interest

Washington Report, Water Finance May 1, 2017 at 10:40 am

In April, the Trump Administration released a one-page outline of a tax code overhaul that it says will grow the economy, simplify tax filing and lower rates for businesses and middle-income families.  The outline does not definitively indicate whether or not municipal bond interest income would beRead More

South Carolina city, Johnson Controls partner on infrastructure upgrades

South Carolina city, Johnson Controls partner on infrastructure upgrades

Water Finance, Water Management May 1, 2017 at 9:50 am

The City of Beaufort, S.C., is partnering with Johnson Controls to complete a city-wide performance infrastructure and conservation project that’s expected to generate $5.4 million in savings over 15 years, while reducing the city’s overall carbon footprint, energy usage and water consumption. The one-year constructionRead More

Pennsylvania announces $39 million for water projects

Pennsylvania announces $39 million for water projects

Water Finance May 1, 2017 at 9:33 am

In April, Pennsylvania Gov. Tom Wolf announced the investment of $39 million for 12 drinking water, wastewater, stormwater and nonpoint source projects across nine counties through the Pennsylvania Infrastructure Investment Authority. “Today marked another special day for the Pennvest program and for the citizens ofRead More