EPA, Corps, Interior move to expedite water infrastructure priorities

Source: U.S. Environmental Protection Agency Six federal agencies have named designees for a new Water Subcabinet established through President Trump’s mid-October “Modernizing America’s Water Resource Management and Water Infrastructure” Executive Order. They are tasked with protecting taxpayer investments  by promoting integrated planning and coordination for drinking water, wastewater, water reuse, water storage and delivery, plus water resource management; supporting workforce development…

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EPA quantifies positive water infrastructure loan program results

Source: U.S. Environmental Protection Agency

The inaugural Water Infrastructure Finance and Innovation Act (WIFIA) annual report shows the program financing more than $3.5 billion in loans behind projects valued in excess of $8 billion and helping improve water quality for more than 20 million citizens. Through 2019, the program closed 14 loans, ranging from $20.7 million to $699 million and saving borrowers $1.2 billion. 

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Federal agencies increase their hand in water infrastructure

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The federal government’s role in water supply and wastewater treatment infrastructure is taking on greater importance than in the past as municipalities are challenged to keep pace with the aging of more than 70,000 systems and 3 million miles of underground pipe networks. With overall public spending on water utilities declining year-over-year in five of the last 10 years, core federal programs are proving to be more critical in addressing urban and rural treatment system or network investment needs, according to a new report from Bluefield Research.

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EPA chief cites prospects for $6B in water infrastructure loans

Source: U.S. Environmental Protection Agency 

EPA has announced a new round of funding to spur an estimated $6 billion in Water Infrastructure Finance and Innovation Act (WIFIA) credit assistance in 2019. Combined with other sources, he notes, “This could support $12 billion in water infrastructure projects and create more than 180,000 jobs. We are prioritizing construction-ready projects in water reuse and recycling, reducing exposure to lead and addressing emerging contaminants, and updating aging infrastructure,” notes EPA Administrator Andrew Wheeler.

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EPA Water Infrastructure loan inquiries swell

Source: U.S. Environmental Protection Agency

EPA received 62 letters of interest from a wide range of prospective borrowers in response to the Water Infrastructure Finance and Innovation Act (WIFIA) program’s 2018 Notice of Funding Availability. The agency is evaluating proposed projects’ credit worthiness, engineering feasibility, and alignment with WIFIA statutory or regulatory criteria.

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Lawmakers deepen funding commitments in water infrastructure proposal

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Senators John Barrasso (R-WY), Tom Carper (D-DE), Jim Inhofe (R-OK) and Ben Cardin (D-MD), the respective chairmen and ranking members of the Senate Environment and Public Works Committee and its Transportation and Infrastructure Subcommittee, have introduced the $2.4 billion America’s Water Infrastructure Act of 2018 with an eye to:

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EPA opens new round of water infrastructure funding with twice the 2017 purse

Sources: Environmental Protection Agency; CP staff

An EPA Notice of Funding Availability invites letters of interest from states and municipalities seeking credit assistance under the Water Infrastructure Finance and Innovation Act (WIFIA), whose funding doubled from the prior year as part of the Consolidated Appropriations Act of 2018. Leveraging private capital and other funding sources, the agency notes, WIFIA-backed projects could support $11 billion in water infrastructure investment and create 170,000-plus jobs.

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EPA reviews candidate Water Infrastructure Finance projects

Source: Environmental Protection Agency

EPA’s Water Infrastructure Finance and Innovation Act (WIFIA) program has received ‘letters of interest’ from prospective borrowers in communities across 19 states, each seeking to partner with the agency to invest in local water supply or wastewater treatment and conveyance projects.

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Report measures billions in gains, losses tied to water infrastructure investment

Sources: Water Environment Federation, Alexandria, Va.; CP staff

A new report finds that closing the nation’s water infrastructure investment gap would create 1.3 million jobs and generate $220 billion in economic activity. “The Economic Benefits of Investing in Water Infrastructure” was commissioned by the Value of Water Campaign, through which the Water Environment Federation (WEF) in Alexandria, Va., and allied interests seek to advance positive solutions to pressing supply, conveyance and treatment system challenges.

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