Created three years ago and finally funded this year, the Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program may soon announce the first round of funding for water infrastructure projects. The agency has $1.5 billion in available funds and it is all designated for water projects.
The EPA announced that 12 of the 43 public entities submitting letters of interest for project funding from the WIFIA program have been approved. These applicants may now move through the program and apply for low-interest loans.
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