Post Tagged with: "water finance"

EPA announces $50 million in grants for stormwater, sewer needs

EPA announces $50 million in grants for stormwater, sewer needs

The U.S. Environmental Protection Agency (EPA) recently announced the availability of nearly $50 million in regular funding through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. States may now apply for grant assistance to fundRead More

NACWA warns against proposed ‘radical spending cuts’ to SRFs in FY24

NACWA warns against proposed ‘radical spending cuts’ to SRFs in FY24

The National Association of Clean Water Agencies (NACWA) expressed deep concern last week about the potential for Congress to move forward on massive spending cuts being proposed for the Clean and Drinking Water State Revolving Fund (SRF) programs. These programs had been previously designated forRead More

The True Cost of Claims

The True Cost of Claims

Water Finance June 23, 2023 at 11:00 am

By Phil Bowles Owners and managers responsible for handling and procuring their business insurance often feel a twinge when the terms accident, claim, or loss are uttered. Often these terms mean some singular event must be managed, and afterward, the firm continues its regular business.Read More

Brown and Caldwell adds new water finance expert

Brown and Caldwell adds new water finance expert

Water Finance June 23, 2023 at 9:00 am

Brown and Caldwell is expanding its funding and finance group as it announced Seema Chavan has joined the firm as vice president and senior director of strategic funding. With a 20-year background in the water and wastewater industry, Brown and Caldwell said Chavan is uniquelyRead More

Jackson to get first round of $600 million in federal funds

Jackson to get first round of $600 million in federal funds

Water Management June 8, 2023 at 7:00 am

The U.S. Environmental Protection Agency (EPA) announced this week the City of Jackson, Miss., will receive $115 million to support critical water infrastructure investments that will help ensure safe and reliable drinking water for residents. The funding comes from a $600 million Congressional appropriation forRead More

Small Systems Tackle Financial Challenges through Technical Assistance

Small Systems Tackle Financial Challenges through Technical Assistance

Financial Report, Guest Columns, Water Finance May 30, 2023 at 6:30 am

| By Dr. Ahmed Rachid El-Khattabi For years, thousands of small drinking water systems in the United States have been facing big financial challenges that undermine their ability to provide their customers with safe and affordable drinking water. As a result of these challenges, manyRead More

Silicon Valley Bank, Interest Rates & WIFIA

Silicon Valley Bank, Interest Rates & WIFIA

Water Finance April 6, 2023 at 7:05 am

By John Ryan Rapidly rising interest rates were a primary cause of Silicon Valley Bank’s collapse. Its multiple consequences will almost certainly mark the start of an extended period of interest rate volatility. The Federal Reserve is steering a narrow course between taming inflation and inflictingRead More

The Water Pipe Market Shifts to Sustainable PVC in Times of Growth & Drought

The Water Pipe Market Shifts to Sustainable PVC in Times of Growth & Drought

| By Gregory M. Baird Cities across the United States are struggling with maintaining existing infrastructure with supply chain disruptions and rising costs of equipment, manpower and supplies. Likewise, developers are faced with many challenges to plan, finance and build basic infrastructure and housing unitsRead More

How Small Players Can Leverage Infrastructure Funding

How Small Players Can Leverage Infrastructure Funding

Public Utility Finance, Water Finance April 3, 2023 at 8:06 am

| By Robert Sheets Last summer, Ellory Monks and Shalini Vajjhala writing for the Brookings Institute, noted that $850 billion of funding is coming from the Infrastructure Investment and Jobs Act (IIJA). They rightfully note that funding like this typically goes to larger, wealthier communities.Read More

In 2016, DC Water issued a unique $25 million Environmental Impact Bond, the proceeds of which went to green infrastructure projects to reduce the flow of stormwater into the Potomac River.

PFAS is Lining Up to be the Most Expensive Environmental Hazard in History

Legal Corner, Water Finance March 15, 2023 at 7:00 am

By Michael DiGiannantonio The U.S. EPA has released its proposed maximum contaminant levels (MCLs) for Perfluorooctanoic acid (PFOA) and Perfluorooctane sulfonate (PFOS) – two common types of per- and polyfluoroalkyl substances (PFAS). Under the proposed MCLs, drinking water utilities across the country would be forcedRead More