May 2, 2019

Water Infrastructure Finance and Innovation Act Loans-Due July 5

U.S. Environmental Protection Agency (EPA) Water Infrastructure Finance and Innovation Act (WIFIA) Loans

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The Water Infrastructure Finance and Innovation Act (WIFIA) program accelerates investment in water infrastructure by providing long-term, low-cost supplemental loans for regionally and nationally significant projects.In the Consolidated Appropriations Act, 2019, signed by the President on February 15, 2019, Congress provided $60 million in budget authority for the WIFIA program to cover the subsidy required to provide a much larger amount of credit assistance. The Environmental Protection Agency (EPA) estimates that this budget authority may provide approximately $6 billion in credit assistance and may finance approximately $12 billion in water infrastructure investment, while covering increased costs associated with implementing a larger program.

The purpose of this notice of funding availability (NOFA) is to solicit letters of interest (LOIs) from prospective borrowers seeking credit assistance from the EPA.The EPA will evaluate and select proposed projects described in the LOIs using the selection criteria established in statute and regulation, and further described in this NOFA as well as the WIFIA program handbook

Eligibility:  Prospective borrowers must be one of the following in order to be eligible for WIFIA credit assistance:

A corporation
A partnership
A joint venture
A trust
A federal, state, or local governmental entity, agency, or instrumentality
A tribal government or a consortium of tribal governments
A state infrastructure financing authority

Program Contact:
Karen Fligger
U.S. Environmental Protection Agency
Phone: (202) 564-2992