EPA announces new round of WIFIA loans

The U.S. Environmental Protection Agency (EPA) has announced $7.5 billion in available Water Infrastructure Finance and Innovation Act (WIFIA) funding. To date, EPA’s WIFIA program has issued $19 billion in loans to help finance 109 projects across the country, creating more than 60,000 jobs.

This announcement initiates EPA’s 7th round of WIFIA financing with $6.5 billion available through the WIFIA program and $1 billion available through the State WIFIA (SWIFIA) program, which provides loans exclusively for State infrastructure financing authority borrowers. EPA is currently accepting letters of interest for both WIFIA and SWIFIA loans. Prospective borrowers can also receive technical assistance to develop a funding request that meets the WIFIA program’s requirements. This assistance will help small and disadvantaged communities benefit from WIFIA funding.