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 critical water infrastructure through innovative and flexible financing that can support diverse projects in both large and small communities. This year’s funding will provide up to $6 billion to support $12 billion in water infrastructure projects while creating more than 35,000 jobs and improving public health and environmental protection in communities across the country.
“EPA’s WIFIA loan program has become one of the most effective tools used in President Trump’s efforts to upgrade our nation’s infrastructure, create jobs and safeguard public health and the environment,” said EPA Administrator Andrew Wheeler. “This new round of $6 billion in funding comes in time to help communities that are trying to recover from the health and financial stress of the COVID-19 pandemic and, for the first time, includes funding expressly available to states.”