Post Tagged with: "water finance"

Commentary: Now is the time to amend WIFIA

Commentary: Now is the time to amend WIFIA

By John Ryan Congress certainly looks like an exciting place this fall, with plenty of political fireworks and intense drama over spending. But there’s no doubt legislators and their constituents will also want to see progress on some basic things that are clearly beneficial, aren’tRead More

Fitch: Water utilities on solid footing despite possible recession

Fitch: Water utilities on solid footing despite possible recession

Public Utility Finance, Water Finance September 18, 2023 at 8:39 am

Fitch Ratings says U.S. water utilities weathered the COVID-19 pandemic remarkably well and appear to be on solid footing, even as the broader economy inches closer to recession, according to the credit ratings company’s annual peer review for the sector. According to the review, slowerRead More

Water recycling grants program launched

Water recycling grants program launched

Water Finance September 11, 2023 at 7:23 am

On Sept. 7, the U.S. Department of the Interior, Bureau of Reclamation (BOR) announced the launch of the Large-Scale Water Recycling Projects Competitive Grants Program, which Congress created in the Infrastructure Investment and Jobs Act of 2021. The WateReuse Association helped create the program duringRead More

Water sector reiterates call to fully fund SRFs in 2024

Water sector reiterates call to fully fund SRFs in 2024

Washington Report, Water Finance September 5, 2023 at 7:45 am

In August, 18 water sector organizations including those representing U.S. utility systems, wrote to Congress to reiterate support for funding the Clean Water and Drinking Water State Revolving Funds (SRFs) to the maximum authorization in federal law, $3 billion each, for fiscal year 2024. InRead More

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