The Environmental Protection Agency will make available an estimated $6 billion in Water Infrastructure and Innovation Act (WIFIA) loans in 2019, according to a press release.
The loans will be available to public and private borrowers for a wide range of drinking water, wastewater, drought mitigation and alternative water supply projects. The available funding will prioritize construction-ready projects in three areas: reducing exposure to lead and addressing emerging contaminants in drinking water systems; updating aging infrastructure; and implementing water reuse and recycling.
“This new round of WIFIA funding provides up to $6 billion in credit assistance which, combined with other sources, could support $12 billion in water infrastructure projects and create more than 180,000 jobs,” EPA Administrator Andrew Wheeler said in the release.
EPA’s website has information for communities that plan to apply.
Photo by U.S. Army Corps of Engineers at Walla Walla District, Wash.