Post Tagged with: "water finance"

The Lake County Illinois Public Works Department in Libertyville, Ill., owns and operates two public water supply distribution systems across a large service territory in Northeast Illinois.

EPA invites 55 new projects to apply for WIFIA loans

January 13, 2021 at 11:48 am 0 comments

The U.S. Environmental Protection Agency (EPA) announced that 55 new projects in 20 states are being invited to apply for approximately $5.1 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans. This funding will help finance more than $12 billion in clean water and drinking water infrastructure projects inRead 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

EPA launches new clearinghouse for environmental finance

EPA launches new clearinghouse for environmental finance

December 14, 2020 at 11:30 am 0 comments

The U.S. Environmental Protection Agency (EPA) has launched the Clearinghouse for Environmental Finance (Clearinghouse), an online database of land, air, and water information. This new Clearinghouse catalogues available funding, financing, and instructional resources to aid communities in their efforts to improve environmental conditions. The Office of Policy collaborated with the OfficeRead 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 0 comments

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

Here’s what the water sector wants from Congress and President-elect Biden

Here’s what the water sector wants from Congress and President-elect Biden

November 23, 2020 at 10:44 am 0 comments

In a letter to President-elect Joe Biden last week, the American Water Works Association (AWWA) urged the incoming administration to prioritize COVID-19 relief for water utilities and investment for the overall water infrastructure sector. The letter, authored by association president Melissa Elliott, cites AWWA research that revenue shortfalls at U.S. drinkingRead More

EPA receives 67 new requests for WIFIA financing

EPA receives 67 new requests for WIFIA financing

November 23, 2020 at 10:00 am 0 comments

The U.S. Environmental Protection Agency (EPA) has received 67 letters of interest in response to the agency’s 2020 Water Infrastructure Finance and Innovation Act (WIFIA) Notice of Funding Availability. A total of $9.2 billion was requested this year — the largest amount ever requested through the WIFIA program. “These lettersRead More

Senators propose level EPA funding for 2021, no WIFIA cuts

Senators propose level EPA funding for 2021, no WIFIA cuts

November 16, 2020 at 12:22 pm 0 comments

The U.S. EPA’s water infrastructure financing programs would be in line for approximately level funding next year under a plan for FY21 appropriations released by Senate Republicans last week. The funding proposal is detailed in the Association of Metropolitan Water Agencies’ (AMWA) Nov. 16 Monday Morning Briefing. The Republicans’ proposal would provide EPA with just underRead 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

WF&M Conversations: Talking rate setting, rate maintenance and communication with Waterworth’s JP Joly

WF&M Conversations: Talking rate setting, rate maintenance and communication with Waterworth’s JP Joly

September 29, 2020 at 9:45 am 0 comments

While water and wastewater utilities are frequently tasked with a meeting multitude of operational standards, they also regularly tackle financial challenges that can have enormous economic ramifications to the public. With this in mind, how often should utilities look to raise rates? Can annual rate maintenance be done in a moreRead More