Post Tagged with: "water finance"

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 1 comment

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

WIFIA: Examining Synergies with the Muni Bond Market

WIFIA: Examining Synergies with the Muni Bond Market

September 25, 2020 at 3:37 pm 0 comments

Economic gains are possible when investors with different strengths and preferences are combined in a single financing. It’s happening at the WIFIA loan program. By John Ryan The WIFIA loan program makes long-term loans for qualified projects at the U.S. Treasury’s interest rate. Since debt capital markets start with thisRead More

Register for the Virtual Water Finance Conference!

Register for the Virtual Water Finance Conference!

September 8, 2020 at 6:01 am 0 comments

The 2020 Water Finance Conference, being presented in a virtual format in September, will touch on a range of topics in the water utility finance space including rate setting, customer affordability short- and long-term financial planning, revenue recovery through technology, financing unfunded regulatory mandates and privatization and consolidation. The sixth annualRead More

New report offers grim details on underinvestment in U.S. water infrastructure

New report offers grim details on underinvestment in U.S. water infrastructure

August 26, 2020 at 3:11 pm 0 comments

A new economic study finds that cost of water and wastewater failures will be significantly higher in 20 years for American households. According to the new report released last week by the American Society of Civil Engineers (ASCE) and Value of Water Campaign, the United States is underinvesting in itsRead More

Financial Report: Addressing Water Equity in a Time of Rising Costs

Financial Report: Addressing Water Equity in a Time of Rising Costs

August 24, 2020 at 9:50 am 0 comments

By Josh Ellis & Dan Cooper Even before COVID-19 hit our country, water affordability has been a growing concern. From 2010 to 2019, the price of water service increased by 57 percent in 30 major U.S. cities. Meanwhile, millions of Americans have their water shutoff every year due to an inabilityRead More