Water Finance

Republican leaders in the House and Senate announced last week they will delay final decisions on FY2017 appropriations bills until the spring and will consider a continuing resolution (CR) to keep the federal government operating until March 31. According to the Association of Metropolitan WaterRead More

Milbank, Tweed, Hadley & McCloy LLP has advised international lenders led by Sumitomo Mitsui Banking Corp., in connection with financing for the $920 million Vista Ridge Project, a water pipeline and well field that is expected to provide 20 percent more water to the CityRead More

Coming into the 2016 Election, Democrats were widely expected to achieve considerable gains on Capitol Hill. But in addition to Donald Trump’s surprise victory for the presidency, Republicans also came out of Election Day comfortably in control of their existing House and Senate majorities. AsRead More

The Smart Cities Council recently launched its application for cities to apply for the Smart Cities Council Readiness Challenge Grant. Five American cities will receive a grant in 2017 to inspire innovation, inclusion and investment in their city. The grant, which will help cities applyRead More

Agriculture Secretary Tom Vilsack recently announced that the U.S. Department of Agriculture (USDA) is investing $331 million in 85 projects that will improve water and wastewater infrastructure in rural areas in 39 states and American Samoa. Community infrastructure investments are a key piece of USDA’sRead More

The U.S. Environmental Protection Agency (EPA) recently announced a package of tools to help communities plan long-term strategies for managing stormwater pollution. EPA’s tools promote the use of flexible solutions that spur economic growth, stimulate infrastructure investments and help compliance with environmental requirements. EPA hasRead More

Approval of Proposition 53 by California voters this week would likely slow or prevent a $17.1 billion water project known as the California Water Fix, according to Fitch Ratings. The project’s timing and cost are important to the state’s water and sewer utilities. Even ifRead More

In March, more than 70 percent of Atlanta voters approved the reauthorization of the Municipal Option Sales Tax (MOST) to ensure the continued operation and efficiency of the city’s water and sewer infrastructure. Atlanta’s Department of Watershed Management (DWM) recently announced plans to move forwardRead More

The U.S. Environmental Protection Agency (EPA) is awarding $1.3 million to 22 organizations in 18 states to help protect and restore urban waters and to support community revitalization and other local priorities. “Often underserved communities in our nation’s cities face disproportionate impacts from pollution, andRead More

Xylem and Key Equipment Finance recently announced a partnership to provide flexible equipment financing options for water utilities and other organizations interested in acquiring Xylem’s water and wastewater transport and treatment solutions. Xylem is a global water technology provider that enables customers to transport, treat,Read More