The federal agency announced together, the selected borrowers will receive WIFIA loans totaling approximately $5bn to help finance over $10bn in water infrastructure investments.
“Through WIFIA, EPA is playing an integral role in President Trump’s efforts to improve and upgrade our nation’s water infrastructure and ensure all Americans have access to clean and safe water,” said EPA Acting Administrator Andrew Wheeler.
EPA received 62 letters of interest from both public and private entities in response to the 2018 WIFIA Notice of Funding Availability (NOFA).
Of the selected projects, 12 projects will reduce lead or other drinking water contaminants and 37 will address aging infrastructure. Eight prospective borrowers submitted letters of interest in response to the 2017 Notice of Funding Availability, resubmitted them for 2018, and are now invited to proceed in the 2018 funding round.
To learn more about the 39 projects that are invited to apply, click here.