Post Tagged with: "WIFIA"

House approves FY18 spending bill, EPA cuts

House approves FY18 spending bill, EPA cuts

September 19, 2017 at 4:10 pm 0 comments

The House of Representatives this month passed an omnibus appropriations bill that, if enacted, would provide funding for the U.S. Environmental Protection Agency (EPA) and a range of other federal departments and agencies for the duration of the 2018 fiscal year. But the bill is not expected to see furtherRead More

EPA selects 12 entities for first WIFIA applications

EPA selects 12 entities for first WIFIA applications

July 24, 2017 at 10:08 am 0 comments

The U.S. Environmental Protection Agency has invited 12 projects in nine states to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. These potential applicants were selected from a group of projects that represent large and small communities from across the United States that submitted letters of interest toRead More

Lawmakers pan proposed EPA budget cuts

Lawmakers pan proposed EPA budget cuts

June 21, 2017 at 6:55 am 0 comments

The Trump Administration’s FY18 budget plan for the U.S. Environmental Protection Agency (EPA) faced criticism from both sides of the aisle last week during an appropriations subcommittee hearing on the proposal. EPA Administrator Scott Pruitt said that while the administration favors “clean water and fixing our outdated infrastructure,” the agency is implementingRead More

AWWA launches ‘Buried No Longer’ financial forecasting tool

AWWA launches ‘Buried No Longer’ financial forecasting tool

May 22, 2017 at 7:10 am 0 comments

Last week, as part of its observance of Infrastructure Week, the American Water Works Association announced the launch of its new Buried No Longer (BNL) tool. The BNL online tool offers water and wastewater utilities the opportunity to accurately forecast the cost of their water and wastewater pipe repair andRead More

AWWA applauds Congress for WIFIA boost

AWWA applauds Congress for WIFIA boost

May 10, 2017 at 8:23 am 0 comments

The American Water Works Association applauded Congress for appropriating an additional $10 million for the Water Infrastructure Finance and Innovation Act (WIFIA). The additional $10 million brings WIFIA funding in 2017 to $30 million, which can leverage an estimated $1.5 billion in federal loans. Because WIFIA can only fund 49 percent ofRead More

FY17 Omnibus bill lifts WIFIA funding

FY17 Omnibus bill lifts WIFIA funding

May 8, 2017 at 7:00 am 0 comments

The $1.017 trillion omnibus appropriations bill signed in early May by President Donald Trump finalizes federal agency budgets for the remainder of the 2017 fiscal year and removes the immediate threat of a government shutdown. The bill slightly reduces overall EPA appropriations, but also delivers fresh new funding for the Water InfrastructureRead More

AWWA urges increased WIFIA funding as demand grows

AWWA urges increased WIFIA funding as demand grows

May 4, 2017 at 9:44 am 0 comments

The American Water Works Association (AWWA) celebrated news that 43 entities have expressed interest in loans through the Water Infrastructure Finance and Innovation Act (WIFIA) and urged increased funding to confront the U.S. water infrastructure challenge. AWWA, the chief architect of the WIFIA program, continues to advocate for WIFIA andRead More

Fitch: WIFIA could provide long overdue boost to water projects

Fitch: WIFIA could provide long overdue boost to water projects

May 4, 2017 at 8:45 am 0 comments

According to a new report from Fitch Ratings, water and sewer utilities throughout the country are faced with aging infrastructure and a rather large price tag to rectify it, which could pave the way for substantially more investment in the space. The California drought, the Flint, Mich., toxic water crisisRead More

EPA to host webinar on WIFIA application

EPA to host webinar on WIFIA application

March 6, 2017 at 11:07 am 0 comments

Water utility officials interested in learning more about the Water Infrastructure Finance and Innovation Act (WIFIA) pilot program will have the opportunity to participate in an EPA webinar detailing the application process this week. Scheduled for 1:00 to 2:30 p.m. EST on Tuesday, March 7, the “WIFIA Letter of Interest Submission andRead More

EPA launches WIFIA, $1 billion in loans available

EPA launches WIFIA, $1 billion in loans available

January 10, 2017 at 5:14 pm 0 comments

The U.S. Environmental Protection Agency (EPA) has announced the availability of approximately $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program. EPA’s WIFIA program will provide long-term, low-cost credit assistance in the form of direct loans and loan guaranteesRead More

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