12 projects in nine states selected
The American Water Works Association recently celebrated another milestone in the implementation of the Water Infrastructure Finance and Innovation Act when the U.S. Environmental Protection Agency (EPA) selected 12 entities to apply for the first WIFIA loans.
The potential loan recipients come from large and small communities in nine different states. Loans would support drinking water, wastewater, stormwater and water recycling projects.
“It’s encouraging to see such a wide range of water infrastructure projects in the pool of applicants,” said Tracy Mehan, AWWA Executive Director of Government Affairs. “WIFIA loans will spur on critical projects that might otherwise have been deferred and ultimately save money for water customers.”
EPA received 43 letters of interest for WIFIA loans in April. The entities selected to apply are seeking $2.3 billion in loans for $5.1 billion in water infrastructure projects.
The entities selected to apply for WIFIA loans are:
“These large-scale projects will improve water quality for 20 million Americans, especially those communities that need it the most – such as rural and urban communities,” said EPA Administrator Scott Pruitt in today’s announcement.
The House appropriations subcommittee that provides funding for EPA approved legislation last week that would maintain current levels of funding for the Drinking Water State Revolving Loan Fund program and WIFIA.
About American Water Works Association
Established in 1881, the American Water Works Association is the largest nonprofit, scientific and educational association dedicated to managing and treating water, the world’s most important resource. With approximately 50,000 members, AWWA provides solutions to improve public health, protect the environment, strengthen the economy and enhance our quality of life.
SOURCE: American Water Works Association