23 Apr Making An Investment In Our Communities: EPA Announces New Water Infrastructure Funding
Last week, the United States Environmental Protection Agency (EPA) announced new funding for water infrastructure projects. This approval could mean as much as $5.5 billion in loans that could leverage more than $11 billion in water infrastructure projects through the Water Infrastructure Finance and Innovation Act (WIFIA) program. Any prospective borrower in hopes of landing WIFIA credit assistance must submit an LOI by July 6, 2018. This funding will, hopefully, trigger new investments to repair the country’s aging water infrastructures. Several positives come out of the EPA’s...