Public Utility Finance

EPA’s 100th WIFIA loan to invest in Santa Clara County, California

EPA’s 100th WIFIA loan to invest in Santa Clara County, California

March 7, 2023 at 2:00 pm 0 comments

The U.S. Environmental Protection Agency (EPA) recently announced two Water Infrastructure Finance and Innovation Act (WIFIA) loans totaling $115 million to Santa Clara Valley Water District in Santa Clara County, California, to improve resiliency of the system’s water infrastructure. The announcement marks the 99th and 100th loansRead More

EPA announces $2.4 billion for clean water projects

EPA announces $2.4 billion for clean water projects

February 27, 2023 at 9:57 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced more than $2.4 billion from President Joe Biden’s Bipartisan Infrastructure Law for states, Tribes, and territories through this year’s Clean Water State Revolving Fund (CWSRF). EPA says the funding will support communities in upgrading essential water, wastewater,Read More

EPA: $2 billion in grants available to combat emerging contaminants

EPA: $2 billion in grants available to combat emerging contaminants

February 21, 2023 at 9:25 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced the availability of $2 billion from President Joe Biden’s Bipartisan Infrastructure Law to address emerging contaminants like Per- and Polyfluoroalkyl Substances (PFAS) in drinking water across the country. The investment, which is allocated to states and territories,Read More

Six FCRA Criteria for Federally Involved Projects

Six FCRA Criteria for Federally Involved Projects

February 15, 2023 at 11:34 am 0 comments

By John Ryan Stakeholders of the U.S. EPA WIFIA loan program will recall that the program ran into a serious-sounding issue about correct budgeting a few years ago. The issue arises when a WIFIA loan is made to an infrastructure project that has some degreeRead More

Biden-Harris admin announces $340 million for Philly water projects

Biden-Harris admin announces $340 million for Philly water projects

February 13, 2023 at 9:53 am 0 comments

The U.S. Environmental Protection Agency (EPA) recently announced a $340 million financing commitment to upgrade the City of Philadelphia’s aging drinking water infrastructure, including replacing customers’ lead service lines. The agency says a Water Infrastructure Finance and Innovation Act (WIFIA) low-interest loan will jumpstart theRead More

NACWA says EPA’s FCA Guidance fails to affect low-income affordability

NACWA says EPA’s FCA Guidance fails to affect low-income affordability

February 2, 2023 at 1:48 pm 0 comments

The National Association of Clean Water Agencies (NACWA) expressed its disappointment this week at the outcome of a nearly five-year process to significantly overhaul the U.S. EPA’s Financial Capability Assessment (FCA) Guidance and ‘meaningfully address’ the growing ratepayer affordability gap. First issued in 1997, theRead More

Scorecard ranks U.S. states on water efficiency, sustainability policies

Scorecard ranks U.S. states on water efficiency, sustainability policies

January 31, 2023 at 2:00 pm 0 comments

In January 2023, the Alliance for Water Efficiency (AWE) released its 2022 U.S. State Policy Scorecard for Water Efficiency and Sustainability (Scorecard), which ranks each U.S. state based on its adoption of laws and policies that advance water efficiency, conservation, sustainability and affordability. California wasRead More

Adding the Limited Buydown to WIFIA Loans

Adding the Limited Buydown to WIFIA Loans

January 16, 2023 at 7:45 am 0 comments

By John Ryan The EPA’s WIFIA loan program offers several interest rate management features that are highly beneficial for large-scale infrastructure financings, including a U.S. Treasury-based fixed-rate lock for construction and permanent drawdowns, post-execution rate resets until draw, and no-penalty cancellation and prepayment. All areRead More

Call for Speakers! 2023 Water Finance Conference

Call for Speakers! 2023 Water Finance Conference

January 16, 2023 at 7:30 am 0 comments

9th Annual Event Returning to Cleveland, Ohio, August 8-9 RICHFIELD, Ohio — Organizers of the 2023 Water Finance Conference are looking for speakers for its ninth annual event to be held Aug. 8-9 in Cleveland, Ohio. Please email your 200-word abstract by March 10, 2023. Details below. The WaterRead More

New Jersey to get $500 million in first SWIFIA loan issued

New Jersey to get $500 million in first SWIFIA loan issued

January 9, 2023 at 8:16 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced a $500 million loan to the New Jersey Infrastructure Bank to modernize wastewater and drinking water systems serving over 10 million people throughout New Jersey. This is the first loan issued through the State Infrastructure Financing AuthorityRead More