WIFIA PROGRAM The Water Infrastructure Finance and Innovation Act (WIFIA) program accelerates investment in our nation's water infrastructure by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. LOUISVILLE AND JEFFERSON COUNTY METROPOLITAN SEWER DISTRICT PROJECT NAME Ohio River Flood Protection Pump Station Capacity Upgrade LOCATION: Louisville, KY INVITED WIFIA LOAN AMOUNT $118 million POPULATION SERVED BY THE PROJECT: 161,000 PROJECT TYPE: Wastewater PROJECT DESCRIPTION : The project will evaluate and expand the existing Western Parkway Flood Protection System to accommodate an increased total pumping capacity of over 1.5 billion gallons per day (MGD). The project will include upgrades to existing components and new installation to increase the station's capacity by 450 MGD. The purpose of the project is to increase the pumping capacity to reliably protect public health and the community's assets from floods when the Ohio River is at flood stage. Selected borrowers must apply for a WIFIA loan, pass a final creditworthiness assessment, negotiate a mutually agreeable term sheet, and execute a credit agreement to receive WIFIA financing. An invitation to apply indicates that EPA believes the selected projects will be able to attain WIFIA loans. FY 2018 SELECTION ROUND NUMBER OF PROJECTS SELECTED: 39 TOTAL LOAN AMOUNT: $5 billion to public and private entities TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: Over $10 billion NUMBER OF PEOPLE IMPACTED: 22 million in 16 states and Washington, D.C. United States Environmental Protection Agency WEBSITE: www.epa.gov/wifia EMAIL; wifia@EPA.gov ------- |