EPA Announces Availability of State WIFIA Funds
In the 2018 America’s Water Infrastructure Act created the State Infrastructure Finance Authority Water Infrastructure Finance and Innovation Act (SWIFIA) program, which provides loans exclusively to states for projects listed on their SRF intended use plans while providing preferential loan terms for states compared to other applicants for WIFIA funding. In the FY2020 Appropriations bill, Congress provided $5 million in federal credit assistance exclusively for SWIFIA borrowers. Today, EPA has published its first ever Notice of Funding Availability for the SWIFIA program. The Notice outlines the application process, eligibility requirements, and fees, along with other important program information.