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. MIAMI-DADE COUNTY PROJECT NAME: Wastewater Treatment Plant Electrical Distribution Building Upgrade LOCATION: Miami, FL INVITED WIFIA LOAN AMOUNT $343 million POPULATION SERVED BY THE PROJECT: 2,300,000 PROJECT TYPE Wastewater PROJECT DESCRIPTION : The Wastewater Treatment Plant Electrical Distribution Building Upgrade will design and construct five new electrical distribution buildings across Miami Dade County's three wastewater treatment plants. Four of the new electrical distribution buildings are part of the Ocean Outfall Legislation Program to reduce nutrient discharges by 2018, eliminate the use of ocean outfalls by 2025, and reuse 60 percent of wastewater flows by 2025. The purpose of the project is to construct new electrical facilities that enable the wastewater treatment plants to operate continuously during storm events and minimize the risk of potential untreated wastewater discharges. 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. 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. WIFIA PROGRAM United States Environmental Protection Agency WEBSITE: www.epa.gov/wifia EMAIL: wifia@EPA.gov ------- |