Water Infrastructure Finance and Innovation Act Program (EPA)

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EPA’s WIFIA program provides low-cost credit financing for water, wastewater, and stormwater infrastructure projects.

Supports nature-based solutions Targeted support for small communities
Encourages public-private partnerships

Application cycle: EPA will accept letters of interest on a rolling basis; there is no deadline for submissions. Letters of Interest may be submitted on an ongoing basis beginning on September 9, 2024.

Summary: Communities can use the long-term, low-cost supplemental loans provided by the Environmental Protection Agency’s (EPA) Water Infrastructure Finance and Innovation Act (WIFIA) Program to upgrade aging water infrastructure and manage stormwater to enhance resilience to flooding.

Eligible applicants: Local, state, and tribal government entities, partnerships and joint ventures, corporations and trusts, and state infrastructure financing authorities such as Clean Water and Drinking Water State Revolving Fund (SRF) programs.

  • Filter — Public Private Partnerships: provides funding to public and private borrowers, including PPPs.


Eligible activities:
Construction of measures to manage, reduce, treat, or capture stormwater, including those that provide flood resilience and risk reduction; brackish or seawater desalination, aquifer recharge, alternative water supply, and water recycling projects; drought prevention, reduction, or mitigation projects; and property acquisition.

Funding: 

  • Filter — Small or Rural Communities: Small communities with a population of 25,000 or less: $5 million minimum(projects are allowed to be smaller). 
  • All other communities: $20 million minimum.


Cost share:

  • Up to 49% federal / 51% local.
  • Filter — Federal Fund Braiding: Total amount of federal assistance (e.g., WIFIA and other federal sources) may not exceed 80% of total project cost.


Application process:
 

  • For information on applying, visit this page.
  • Credit assistance is awarded on a competitive basis.

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