Public Utility Finance

EPA: $6.5 billion available in loans

EPA: $6.5 billion available in loans

June 23, 2022 at 7:10 am 0 comments

The U.S. Environmental Protection Agency (EPA) recently announced the 2022 notices of funding availability for the agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program and the State Infrastructure Financing Authority WIFIA (SWIFIA) program. This year’s funding will provide up to $6.5 billion in total funding to support $13 billionRead More

Water Finance Conference returning to Washington, D.C., in August

Water Finance Conference returning to Washington, D.C., in August

June 8, 2022 at 1:15 pm 0 comments

Registration now open for 8th annual event; Early bird registration ends July 15 The eighth annual Water Finance Conference will be returning to the nation’s capital this summer, Aug. 17-18, 2022, at the Hilton Washington DC Capitol Hill Hotel. The agenda will be released in the coming weeks and registration is nowRead More

Sewer Rehab, Lead Replacement Poised to Thrive with Increased Funding, Creativity

Sewer Rehab, Lead Replacement Poised to Thrive with Increased Funding, Creativity

June 6, 2022 at 6:30 am 0 comments

By Tiffany Harrison & Wayne Hofmann The combination of the American Rescue Plan Act (ARPA) and Infrastructure Investment and Jobs Act (IIJA) has delivered a potent one-two punch for the water and sewer sectors.  ARPA provides more than $350 billion in financial assistance, with water and sewer projects among eligibleRead More

House panel advances water resources package

House panel advances water resources package

May 27, 2022 at 7:32 am 0 comments

The House Transportation and Infrastructure Committee in May approved its version of biennial water resources legislation to authorize a series of U.S. Army Corps of Engineers flood control, navigation, and ecosystem restoration projects. Like a Water Resources Development Act (WRDA) measure advanced earlier this month by a Senate committee, the House version includes language to addressRead More

EPA announces additional $1.9 billion for SRF funds

EPA announces additional $1.9 billion for SRF funds

May 16, 2022 at 6:30 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced $1.9 billion in grant funding to the State Revolving Funds (SRF) to accelerate progress on water infrastructure projects. Combined with historic investments through the Bipartisan Infrastructure Law, this funding will help states, Tribes, and territories upgrade water infrastructure to provide safe drinkingRead More

Senate panel advances WRDA bill

Senate panel advances WRDA bill

May 13, 2022 at 8:00 am 0 comments

Recently, the Senate Environment and Public Works (EPW) Committee unanimously advanced the latest iteration of the Water Resources Development Act (WRDA), biennial legislation that authorizes flood control, navigation, and ecosystem restoration projects carried out by the U.S. Army Corps of Engineers. According to the Association of Metropolitan Water Agencies (AMWA), unlike several WRDA billsRead More

Water sector: EPA’s proposed Financial Capability Guidance “falls well short” on affordability, environmental justice

Water sector: EPA’s proposed Financial Capability Guidance “falls well short” on affordability, environmental justice

May 2, 2022 at 2:14 pm 0 comments

In April, associations representing the U.S. water utility sector submitted comments to EPA in response to its draft of the proposed Financial Capability Assessment Guidance, in which several groups said the agency’s proposal “falls well short” of meeting the purpose of the revision of the guidance. The proposed guidance outlinesRead More

Fitch Ratings: Rising interest rates present opportunity for WIFIA, water utilities

Fitch Ratings: Rising interest rates present opportunity for WIFIA, water utilities

April 26, 2022 at 8:12 am 0 comments

A rising interest rate environment could prove a boon for the Water Infrastructure Finance and Innovation Act (WIFIA) program, according to a new Fitch Ratings report. The WIFIA loan program has been hugely successful for U.S. water utilities but is currently oversubscribed. The size of the WIFIA program has increasedRead More

Unprecedented Federal and State Infrastructure Investment Bodes Well for Nation’s Water, Sewer Assets

Unprecedented Federal and State Infrastructure Investment Bodes Well for Nation’s Water, Sewer Assets

April 14, 2022 at 2:00 pm 0 comments

By Wayne Hofmann This year marks the 50th anniversary of the Clean Water Act, which has generated a legacy of improved water quality in our rivers and lakes and healthier drinking water sources while creating significant fiscal challenges for many communities in removing hazardous materials from drinking water and meetingRead More

FY23 budget proposal would expand drinking  water funds, affordability assistance

FY23 budget proposal would expand drinking water funds, affordability assistance

April 4, 2022 at 8:34 am 0 comments

The FY23 budget request released by the White House would boost EPA spending to $11.9 billion in 2023, (an increase from $9.56 billion in FY22), while providing full funding for a new drinking water system resilience program long championed by the drinking water sector and the Association of Metropolitan Water Agencies (AMWA).Read More