WIFIA Receives More Than 40 Letters of Interest

May 26, 2017 Anthony DeRosa

The first round of funding requests for the WIFIA program has generated 43 letters of interest representing $6 billion in loans. Credit assistance requests range from $9 million to $635 million. While details on specific requests are not yet available, EPA’s WIFIA program has provided the following breakout of types of prospective borrowers and proposed projects.
Borrowers:

1 SRF program
3 partnerships & joint ventures
2 corporations & Trusts
37 public entities (including 2 small communities)

About one-third of prospective borrowers indicated that they plan to or would like to co-finance with SRF funding.
Projects:

Located in 20 different states (18 are in California)
9 water projects (including 3 desalination projects)
24 wastewater projects and
10 combined water and wastewater projects (including 7 water recycling and aquifer recharge projects)

The WIFIA program also reports that at least one request came from 9 of the 10 EPA geographic regions.