$5M min (small communities) or $20M min (large communities)

Water Infrastructure Finance and Innovation Act (WIFIA)

The WIFIA program accelerates investment in our nation’s water infrastructure by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. Managed out of USEPA Headquarters. Projects eligible for CWSRF would also be eligible for this loan.

Additional Information:
Like a bank, the WIFIA program has funding available on an ongoing basis. This allows prospective borrowers to request financing on their schedule. A rolling selection process allows EPA to provide year-round access to WIFIA funding and quicker selection decisions to prospective borrowers. In addition, under this iterative, rolling selection process, the WIFIA program can provide technical assistance to prospective borrowers, particularly disadvantaged and small communities, that need support to complete their Letter of Interest (LOI) package. The WIFIA program can fund development and implementation activities for a wide variety of drinking water, wastewater, and stormwater infrastructure projects, including: - Drinking water and wastewater treatment plant projects - Drinking water, wastewater, and stormwater distribution and conveyance system projects - Nonpoint source management and national estuary program projects - Construction, repair, and replacement of decentralized wastewater treatment systems - Stormwater management projects - Green infrastructure projects - Source water protection projects - Enhanced energy efficiency projects at drinking water and wastewater facilities - Brackish or seawater desalination, aquifer recharge, alternative water supply, and water recycling projects - Drought prevention, reduction, or mitigation projects - Acquisition of property if it is integral to the project or will mitigate the environmental impact of a project - A combination of eligible projects secured by a common security pledge or submitted under one application by an SRF program

Funding Agencies: USEPA

Frequency Details: Rolling, but provides FY Notices of Funding Availability

Match Requirement: 51% or greater