Post Tagged with: "WIFIA"

EPA receives 67 new requests for WIFIA financing

EPA receives 67 new requests for WIFIA financing

Private Financing / P3s, Water Finance November 23, 2020 at 10:00 am

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 throughRead More

Senators propose level EPA funding for 2021, no WIFIA cuts

Senators propose level EPA funding for 2021, no WIFIA cuts

Washington Report, Water Finance November 16, 2020 at 12:22 pm

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 wouldRead More

Resetting the Mission for WIFIA

Resetting the Mission for WIFIA

Public Utility Finance, Water Finance October 19, 2020 at 9:43 am

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Ryan The WIFIA Loan Program recently announced that it has reset the interest rates on two undrawn loan commitments originally made in mid-2018.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 SanRead 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

Water Management October 19, 2020 at 8:29 am

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 agreementRead More

WIFIA: Examining Synergies with the Muni Bond Market

WIFIA: Examining Synergies with the Muni Bond Market

Financial Report, Public Utility Finance, Water Finance September 25, 2020 at 3:37 pm

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 debtRead More

EPA announces new WIFIA loans totaling more than $415 million

EPA announces new WIFIA loans totaling more than $415 million

Public Utility Finance, Washington Report, Water Finance September 21, 2020 at 9:36 am

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 financeRead More

Orange County saves ratepayers money with WIFIA loan update

Orange County saves ratepayers money with WIFIA loan update

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 ratepayersRead More

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

An Update on the WIFIA Loan Program

Water Finance August 10, 2020 at 9:28 am

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 enactedRead More

AMWA: Spending bill with WIFIA restrictions advances in House

AMWA: Spending bill with WIFIA restrictions advances in House

Water Management July 27, 2020 at 10:48 am

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.Read More

EPA announces $6 billion in WIFIA funds for water projects

EPA announces $6 billion in WIFIA funds for water projects

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 criticalRead More