Public Utility Finance

NACWA says funding for federal affordability program “nowhere near” needed levels

NACWA says funding for federal affordability program “nowhere near” needed levels

February 12, 2021 at 4:47 pm 0 comments

Last week the House of Representatives Energy and Commerce Committee marked up its contribution to the next COVID-19 relief bill last week. Included was an additional $500 million for the Low-Income Water Customer Assistance Program administered by Health and Human Services, bringing the potential total amount for low-income water assistanceRead 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

February 1, 2021 at 9:45 am 0 comments

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 and declining federal cost-share. The newRead More

Water sector commends Congress for relief in appropriations package

Water sector commends Congress for relief in appropriations package

January 4, 2021 at 10:22 am 0 comments

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 of its kind for water assistance.Read More

NACWA: Clean water funding excluded from final WRDA package

NACWA: Clean water funding excluded from final WRDA package

December 7, 2020 at 8:00 am 0 comments

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 of WRDA 2020 included clean waterRead More

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

Closing the Funding Gap: Finance Considerations for Today & Tomorrow

November 30, 2020 at 10:13 am 1 comment

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, there is little dispute regardingRead More

New report underscores cost impact of PFAS on POTWs, biosolids facilities

New report underscores cost impact of PFAS on POTWs, biosolids facilities

November 2, 2020 at 6:49 am 0 comments

The National Association of Clean Water Agencies (NACWA) has released a new report by CDM Smith in collaboration with NACWA, the Water Environment Federation (WEF) and the North East Biosolids and Residuals Association (NEBRA) that quantifies the cost impacts of PFAS policies and regulations at 29 publicly owned treatment works (POTWs) andRead More

Resetting the Mission for WIFIA

Resetting the Mission for WIFIA

October 19, 2020 at 9:43 am 0 comments

By John Ryan The WIFIA Loan Program recently announced that it has reset the interest rates on two undrawn loan commitments originally made in mid-2018. The fixed rate on a $135 million loan to Orange County Water District and a $614 million loan to San Diego Public Facilities Financing AuthorityRead More

Michigan governor announces $500 million investment in water infrastructure

Michigan governor announces $500 million investment in water infrastructure

October 12, 2020 at 9:37 am 0 comments

Michigan Gov. Gretchen Whitmer, along with bipartisan and bicameral partners, recently announced MI Clean Water, a $500 million comprehensive water infrastructure investment in Michigan’s water systems from source to tap. The MI Clean Water plan, the state says, marks a significant investment after decades of underinvestment in Michigan’s infrastructure. “Since the first day I tookRead More

World’s largest water reuse facility gets CWSRF loan 

World’s largest water reuse facility gets CWSRF loan 

October 12, 2020 at 6:45 am 0 comments

The Orange County Water District received a low-interest loan from the Clean Water State Revolving Fund (CWSRF) that will save ratepayers an estimated $1.4 million dollars annually over the life of the 30-year loan. The up to $181 million loan was granted for use toward financing the construction of theRead More

NACWA applauds utility aid in new relief package

NACWA applauds utility aid in new relief package

October 5, 2020 at 8:16 am 0 comments

Last week, the U.S. House of Representatives passed a pared-down version of the HEROES Act, the chamber’s previous COVID-19 relief package. The legislation contains $1.5 billion in aid to water and sewer utilities to help low-income ratepayers during the pandemic. The new version of the HEROES bill stripped $1.2 trillion in totalRead More