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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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 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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