News
EPA’s First WIFIA Annual Report Highlights Heartland Communities’ Commitment to Protecting Water Quality and Improving Infrastructure
Feb 14, 2020
FOR IMMEDIATE RELEASE
(Lenexa, Kan., Feb. 14, 2020) – As part of the U.S. Environmental Protection Agency’s (EPA) 50th anniversary celebration, the agency has released its first-ever Water Infrastructure Finance and Innovation Act (WIFIA) program annual report. Through 2019, the WIFIA program has financed more than $3.5 billion in loans, which has saved borrowers $1.2 billion dollars and has helped improve water quality for more than 20 million Americans.
In Region 7, municipal governments have applied for hundreds of millions of dollars in loans to realize a total of $1.3 billion in drinking water or wastewater infrastructure improvement projects. These loans through the WIFIA program account for up to 49% of projected project costs. Communities may use other loan programs, including the Clean Water State Revolving Fund, to secure financing for the remainder of project costs.
There are two projects currently under construction using funds secured through the WIFIA program: the Saddle Creek Retention Treatment Basin in Omaha, Neb.; and the Deer Creek Sanitary Tunnel and Sanitary Relief project in St. Louis, Mo. These projects cost $70 million and $97 million respectively. In addition to these projects, a further six projects in Kansas and Missouri were recipients of WIFIA loan offerings.
The Saddle Creek Retention Treatment Basin in Omaha, Neb., will be a partially underground structure where combined sewage is held and treated during wet weather events. The project is part of the city’s sewer system, which serves 400,000 people over 300 square miles in the Omaha area.
The Metropolitan St. Louis Sewer District will construct a new pump station and will replace or rehabilitate sewer pipes to address overflows and improve the water quality in Deer Creek. These projects will provide storage for excessive inflow and infiltration during wet weather events; regulate sanitary flow into the River Des Peres foul water system; allow for the removal of 24 constructed sanitary sewer overflow (SSO) outfalls into the Deer Creek channel; alleviate surcharging, basement backups; and meet Total Maximum Daily Loads (TMDL) requirements.
“The WIFIA program’s success is a key component of President Trump’s efforts to modernize our nation’s aging infrastructure, strengthen public health protections, and create jobs,” said EPA Administrator Andrew Wheeler. “I have seen first-hand the impact this program has had on local communities in just a short amount of time. The WIFIA program has proven to be a tremendous tool in achieving environmental protections and fostering economic growth in communities across the country.”
“The Water Infrastructure Finance and Innovation Act (WIFIA) and the Clean Water State Revolving Fund (SRF) provide for critical funding to states and local governments to finance important water quality improvement and water infrastructure projects,” said EPA Region 7 Administrator Jim Gulliford. “EPA works collaboratively with state and local governments through these programs to protect our water resources and water quality for years to come.”
Established by Congress in 2014, the WIFIA program is an EPA federal loan and guarantee program focused on helping meet the growing water infrastructure needs in communities across the country. The program provides long-term, low-cost supplemental credit assistance to creditworthy drinking water and wastewater projects of national and regional significance.
WIFIA loans can finance a wide range of drinking water and wastewater projects, including traditional drinking water and wastewater treatment plants and conveyance systems, water recycling and desalination plants, drought prevention and mitigation projects, stormwater management, green infrastructure, non-point source pollution control and source-water protection. Eligible WIFIA borrowers include local, state, tribal, and federal government entities; partnerships and joint ventures; corporations and trusts; and State Revolving Fund programs.
Through 2019, the WIFIA program has closed 14 loans ranging in size from $20.7 million to $699 million. Together, WIFIA has provided $3.5 billion in loans to help finance more than $8 billion for water infrastructure projects while creating more than 15,000 jobs. Of those projects, 57 percent directly support Clean Water Act and Safe Drinking Water Act compliance.
In 2019, EPA invited 38 new projects to apply for WIFIA loans, totaling approximately $6 billion to help finance over $12 billion in water infrastructure investments. These projects will help support key agency priorities, including reducing lead and emergent contaminants and developing water reuse and recycling capacity. Together, the selected projects will improve water quality for 24 million people in 18 states.
For more information on the WIFIA program and to read the WIFIA annual report, visit: https://www.epa.gov/wifia.
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