Post Tagged with: "WIFIA"

Resetting the Mission for WIFIA

Resetting the Mission for WIFIA

October 19, 2020 at 9:43 am 0 comments

By John Ryan The WIFIA Loan Program recently announced that it has reset the interest rates on two undrawn loan commitments originally made in mid-2018. The fixed rate on a $135 million loan to Orange County Water District and a $614 million loan to San Diego Public Facilities Financing AuthorityRead More

EPA chief announces $225 million WIFIA loan for Hampton Roads Sanitation District

EPA chief announces $225 million WIFIA loan for Hampton Roads Sanitation District

October 19, 2020 at 8:29 am 0 comments

At a recent event in Suffolk, Virginia, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler announced a $225 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Hampton Roads Sanitation District (HRSD). This WIFIA loan represents the first loan provided under an agreement that will commit $1.05 billionRead 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

EPA announces new WIFIA loans totaling more than $415 million

EPA announces new WIFIA loans totaling more than $415 million

September 21, 2020 at 9:36 am 0 comments

The U.S. Environmental Protection Agency (EPA) announced two new Water Infrastructure Finance and Innovation Act (WIFIA) loans at events in Oceanside, Calif. and Salt Lake City, Utah. EPA’s 27th and 28th WIFIA loans will provide more than $415 million to help the local communities finance important water infrastructure projects—supporting anRead More

Orange County saves ratepayers money with WIFIA loan update

Orange County saves ratepayers money with WIFIA loan update

September 8, 2020 at 10:45 am 0 comments

Joined by leadership from the Orange County Water District (OCWD; Water District) and Orange County Sanitation District (OCSD; Sanitation District), U.S Environmental Protection Agency (EPA) Administrator Andrew Wheeler recently toured the Groundwater Replenishment System (GWRS), where he announced a joint effort that will save ratepayers $79.4 million. Officials from EPARead More

EPA Headquarters building at the Federal Triangle in Washington, DC.

An Update on the WIFIA Loan Program

August 10, 2020 at 9:28 am 0 comments

With three years of solid results, WIFIA looks poised for long-term success. But the program could also be a very effective part of the federal response to COVID-19. By John Ryan The U.S. EPA’s Water Infrastructure Finance and Innovation Act Loan Program (WIFIA) was enacted in 2014 and became operationalRead More

AMWA: Spending bill with WIFIA restrictions advances in House

AMWA: Spending bill with WIFIA restrictions advances in House

July 27, 2020 at 10:48 am 0 comments

The U.S. EPA’s Water Infrastructure Finance and Innovation Act (WIFIA) program would receive no new funding under a package of FY21 appropriations bills approved by the House of Representatives last week. Lawmakers have adopted an amendment to the bill intended to protect projects already awaiting WIFIA loans. The measure would provide EPARead More

EPA announces $6 billion in WIFIA funds for water projects

EPA announces $6 billion in WIFIA funds for water projects

July 20, 2020 at 10:39 am 1 comment

The U.S. Environmental Protection Agency (EPA) recently announced the 2020 notice of funding availability under its Water Infrastructure Finance and Innovation Act (WIFIA) program, including funding for WIFIA’s new state infrastructure financing authority, known as the SWIFIA program. These funding programs accelerate investment in critical water infrastructure through innovative andRead More

House FY21 spending bill includes no new direct WIFIA appropriations

House FY21 spending bill includes no new direct WIFIA appropriations

July 20, 2020 at 9:30 am 0 comments

As the start of the federal Fiscal Year 2021 (FY21) rapidly approaches on October 1st, the U.S. House has begun working to advance its annual Appropriations (funding) bills through their committee process. Last week, the House Appropriations Committee passed its Interior and Environment bill to fund the U.S. Environmental Protection Agency (EPA)Read More

San Francisco gets $513 million WIFIA loan for wastewater

San Francisco gets $513 million WIFIA loan for wastewater

July 10, 2020 at 11:00 am 0 comments

The U.S. Environmental Protection Agency (EPA) recently announced a $513 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the San Francisco Public Utilities Commission (SFPUC) in California to help finance needed pretreatment and other related improvements to its Southeast Treatment Plant, which treats 80 percent of San Francisco’sRead More