EPA Publishes Notice of Funding Availability for Next Round of WIFIA & SWIFIA
This week, EPA announced $6.5 billion in new funding for the Water Infrastructure Finance and Innovation Act (WIFIA) and the State Infrastructure Finance Authority Water Infrastructure Finance and Innovation Act (SWIFIA) programs. EPA published the notifications of funding for credit assistance under WIFIA and SWIFIA in the Federal Register, soliciting letters of interest from prospective borrowers seeking credit assistance from EPA for both programs. EPA has allocated $5.5 billion for the WIFIA program and $1 billion for the SWIFIA program. SWIFIA letters of interest are due to EPA by June 25, 2021, and WIFIA letters of interest are due by July 23, 2021. More information on the programs and the application processes are available here: https://www.epa.gov/wifia.