WIFIA PROGRAM 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. The WIFIA program was established by the Water Infrastructure Finance and Innovation Act of 2014. ELIGIBILITY IMPORTANT PROGRAM FEATURES Eligible borrowers • Local, state, tribal, and federal government entities • Partnerships and joint ventures • Corporations and trusts • Clean Water and Drinking Water State Revolving Fund (SRF) programs Minimum project size for large communities. Minimum project size for small communities (population of 25,000 or less). WIFIA can fund development and implementation activities for eligible projects • Wastewater conveyance and treatment projects • Drinking water treatment and distribution projects • Enhanced energy efficiency projects at drinking water and wastewater facilities • Desalination, aquifer recharge, and water recycling 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 AVA I L AB I L I T Y EPA announces WIFIA funding availability and application process details in the Federal Register and on its website. Maximum portion of eligible project costs that WIFIA can fund. Maximum final maturity date from substantial completion. Maximum time that repayment may be deferred after substantial completion of the project. Interest rate will be equal or greater to the US Treasury rate of a similar maturity. Projects must be creditworthy. NEPA, Davis-Bacon, American Iron and Steel, and all federal cross-cutter provisions apply. STAY IN TOUCH ~ website: www.epa.gov/wifia Q em ai l: wifia@epa.gov svEPA m Sign-up to receive announcements about the WIFIA program at https://tinyurl.com/wifianews November 2016 EPA-830-F-16-003 ------- |