Post Tagged with: "water finance"

Treasury releases COVID-19 recovery fund, guidance for water infrastructure 

Treasury releases COVID-19 recovery fund, guidance for water infrastructure 

May 17, 2021 at 9:15 am 0 comments

The U.S. Treasury has released initial guidance for the Coronavirus State and Local Fiscal Recovery Fund (CSLFRF). The CSLFRF is the $350 billion pot of funding provided in the COVID-19 American Rescue Plan Act signed into law in March that includes water and sewer infrastructure as an eligible use. These funds will flow directly toRead More

Congress, water sector signal optimism for major investment

Congress, water sector signal optimism for major investment

May 3, 2021 at 9:00 am 0 comments

On Thursday the U.S. Senate voted to pass S. 914, the Drinking Water and Wastewater Infrastructure Act (DWWIA). It is the first infrastructure bill approved by the Senate this Congress. The bipartisan, comprehensive clean water and drinking water infrastructure legislation will authorize strong annual water infrastructure investment to help boost total federalRead More

EPA announces another $6.5 billion in WIFIA funding

EPA announces another $6.5 billion in WIFIA funding

May 3, 2021 at 6:03 am 0 comments

Last week at an address to water associations, utilities and their workers as part of Water Week, U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan announced the 2021 notice of funding availability under the agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program and state infrastructure financing authority WIFIARead More

Data Visualization for WIFIA Loan Benefits

Data Visualization for WIFIA Loan Benefits

April 27, 2021 at 11:00 am 0 comments

The U.S. EPA’s Water Infrastructure Financing and Innovative Act (WIFIA) loan program delivers a lot of financial value to qualified water infrastructure projects. Could some of that value be used beyond the project itself for innovative initiatives that address local water-related issues — water equity and affordability, climate and environmentalRead More

Call for Speakers! 2021 Virtual Water Finance Conference

Call for Speakers! 2021 Virtual Water Finance Conference

April 21, 2021 at 7:07 am 0 comments

Organizers of the 2021 Water Finance Conference are looking for speakers for its seventh annual event to be held virtually, August 10, 12 17 & 19. Please email your 200-word abstract to Andrew Farr by May 21. The Water Finance Conference convenes executive-level utility professionals, including directors, superintendents, CEOs, CFOs and financeRead More

3 Truths That Will Make or Break a Water or Sewer Utility

3 Truths That Will Make or Break a Water or Sewer Utility

April 20, 2021 at 10:21 am 0 comments

Managing Finances & Cost of Service By JP Joly 1. Every water and sewer utility needs a financial plan. Every water and sewer utility are unique with their operational costs, maintenance routines, timing of repairs and prioritization of asset replacements. 2. Remote work and access to financial planning are hereRead More

DC Water gets $156 million WIFIA loan

DC Water gets $156 million WIFIA loan

April 19, 2021 at 6:08 am 0 comments

U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan has announced a $156 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the District of Columbia Water and Sewer Authority (DC Water). The loan will help finance water infrastructure improvements throughout the city, including new water mains to improveRead More

Can Innovative WIFIA Features Help Expand SRF Loan Capacity?

Can Innovative WIFIA Features Help Expand SRF Loan Capacity?

April 16, 2021 at 11:39 am 1 comment

By John Ryan In its 2020 annual report, the U.S. Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA) loan program describes itself as a “government bank with unique flexibilities.” Can those flexibilities be useful for Clean and Drinking Water State Revolving Funds (SRFs) considering leverage to expand theirRead More

AMWA: EPA would win big under Biden budget plan

AMWA: EPA would win big under Biden budget plan

April 16, 2021 at 9:43 am 0 comments

The U.S. Environmental Protection Agency (EPA) would come out as a big winner in an initial FY22 budget outline released by the Biden administration, according to the Association of Metropolitan Water Agencies. Under the plan, the agency would be in line for a total funding allotment of $11.2 billion or a 21.3Read More

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

April 8, 2021 at 1:42 pm 0 comments

  Water and sewer credit ratings incorporate an assessment of an entity’s resiliency to manage unexpected events, including cyberattacks, which could pose financial and operating risks that ultimately affect utility credit quality, Fitch Ratings says. Event risks like cyberattacks are considered asymmetric risks per Fitch’s criteria, and are viewed throughRead More