The US Environmental Protection Agency (EPA) has announced US$7.5 billion in available Water Infrastructure Finance and Innovation Act (WIFIA) funding. The low-interest loan program helps communities invest in drinking water, wastewater and stormwater infrastructure.
Under EPA’s 7th round of WIFIA financing, US$6.5 billion is available through the WIFIA program and US$1 billion via the State WIFIA (SWIFIA) program, which provides loans exclusively for State infrastructure financing authority borrowers.
Priority areas for this new round of funding include increasing investment in economically stressed communities; making rapid progress on lead service line replacement; addressing PFAS and emerging contaminants; mitigating the impacts of drought; and supporting water innovation and resilience.