The U.S. Environmental Protection Agency (EPA) recently announced $7.5 billion in available Water Infrastructure Finance and Innovation Act (WIFIA) funding. This innovative low-interest loan program helps communities invest in drinking water, wastewater, and stormwater infrastructure while saving millions of dollars and creating good-paying local jobs. To date, EPA’s WIFIA program has announced $19 billion to help finance 109 projects across the country. These projects are creating over 60,000 jobs. Today’s announcement furthers the Biden-Harris Administration’s commitment to ensuring all people and all communities have access to clean and safe water.
EPA is currently accepting letters of interest for WIFIA loans. Prospective borrowers can also receive technical assistance to develop a funding request that meets the WIFIA program’s requirements. This assistance will help small and disadvantaged communities benefit from WIFIA funding.
