Contact CAPCOG

6800 Burleson Road
Building 310, Suite 165
Austin, TX 78744

T:  (512) 916-6000
F: (512) 916-6001


Close Map | Staff Directory
RSS icon
Text size: A A A

In the News

New EPA program loans $1 billion for water projects

Monday, January 16, 2017
Source: U.S. Environmental Protection Agency

WASHINGTON – The U.S. Environmental Protection Agency (EPA) has made available about $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program.

The program will provide long-term, low-cost credit assistance in the form of direct loans and loan guarantees to creditworthy water projects. WIFIA provides another option for financing large infrastructure projects – generally at least $20 million – in addition to the State Revolving Funds and the bond market. WIFIA is available to state, local, and tribal governments; private entities; partnerships; and State Revolving Fund programs. 
Some projects that WIFIA enables EPA to provide assistance for include:

  • drinking water treatment and distribution projects
  • wastewater conveyance and treatment projects
  • enhanced energy efficiency projects at drinking water and wastewater facilities
  • desalination, aquifer recharge, alternative water supply, and water recycling projects
  • drought prevention, reduction, or mitigation projects

EPA will evaluate projects using criteria such as the extent to which the project is nationally or regionally significant, helps maintain or protect public health or the environment, protects against extreme weather, and serves regions with significant water resource challenges. EPA will make selections on a competitive basis.

> Read more information about WIFA.

» View All News