The U.S. Environmental Protection Agency (EPA) is inviting 39 projects in 16 states and D.C. to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. Together, the selected borrowers will receive WIFIA loans totaling approximately $5 billion to help finance over $10 billion in water infrastructure investments and create up to 155,000 jobs.
“Through WIFIA, EPA is playing an integral role in President Trump’s efforts to improve and upgrade our nation’s water infrastructure and ensure all Americans have access to clean and safe water,” said EPA Acting Administrator Andrew Wheeler in a release. “This year, EPA will help finance over $10B in water infrastructure investments that will create up to 155,000 jobs, upgrade aging infrastructure, reduce lead exposure, and improve the lives of millions of Americans across the country.”
EPA’s WIFIA loans will allow large and small communities across the country to implement projects to address two national water priorities—providing for clean and safe drinking water including reducing exposure to lead and other contaminants and addressing aging water infrastructure.
After a robust review process from approximately 62 letters received from both private and public entities, the selection committee chose 39 prospective borrowers to submit applications for loans. Amongst the selected projects include: City of Phoenix; Water Main Replacement Program; City of Seattle; Ship Canal Water Quality Project; Florida Keys Aqueduct Authority and Florida Keys Imperiled Water Supply Rehabilitation, to name a few.
To learn more about the 39 projects that are invited to apply, visit here.