August 01, 2019Private BusinessInfrastructureFederal GovernmentLocal GovernmentconstructionloanNonprofitsPlanningAcquisitionState GovernmentGreen InfrastructureHuman Health

Water Infrastructure Finance and Innovation Act (WIFIA)

By EPA

The Water Infrastructure Finance and Innovation Act’s purpose is to accelerate investment in our nations water and wastewater infrastructure by providing long-term, low-cost supplemental credit assistance under customized terms to creditworthy water and wastewater projects of national and regional significance.

About

The Water Infrastructure Finance and Innovation Act (WIFIA) program is a credit program to improve the water and wastewater systems in the U.S.

In 2019 the prioritized projects included:

  • Water reuse and recycling
  • Reducing lead exposure
  • Addressing emerging contaminants
  • Updating aging infrastructure

Municipal governments can come together under one application. Take advantage of working watershed-wide!

WIFIA can fund:

  • Projects that are eligible for Clean Water SRF
  • Acquisition of property if it is integral to the project or will mitigate the environmental impact of a project
  • A combination of projects secured by a common security pledge or submitted under one application by an SRF program
Incorporate green infrastructure and healthy watershed opportunities into WIFIA projects through site design. For example, green roof, pervious pavement, conservation of large tracts of open land can be included in project scope.

Project Examples

St. Louis Water Main Replacement and Lead Abatement

https://www.epa.gov/sites/production/files/2018-10/documents/american_water_capital_corp_st._louis.pdf

Kansas City Blue River Wastewater Treatment Plan Biosolids Facility

https://www.epa.gov/sites/production/files/2018-10/documents/kansas_city_missouri_water_service_department.pdf

More Info/Resources

WIFIA Program Summary Application Process WIFIA Application
Consult your community’s attorney and financial advisors prior to moving forward with any of these funding options. Any reference in this website to any person, or organization, or activities, products, or services related to such person or organization, or any linkages from this website to the website of another party, do not constitute or imply the endorsement, recommendation, or favoring of companies or organizations.