The U.S. Environmental Protection Agency is making $6 billion in loans available under the Water Infrastructure Finance in Innovation Act (WIFIA) program to support up to $12 billion in critical water infrastructure projects. For the first time, the program will provide funding expressly to states.
The 2020 funding announcement marks WIFIA’s fourth round. Since the program was established in 2014, EPA has issued 24 WIFIA loans totaling $5.3 billion in credit assistance to help finance $11.7 billion for water infrastructure projects.