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. BEAVERTON WATER SUPPLY IMPROVEMENT PROGRAM BORROWER: City of Beaverton LOCATION: Beaverton, OR WIFIA LOAN AMOUNT: $81.1 million TOTAL WIFIA PROJECT COSTS: $165.5 million POPULATION SERVED BY SYSTEM: 90,000 people NUMBER OF JOBS CREATED: 530 jobs Beaverton, Oregon PROJECT DESCRIPTION The City of Beaverton Water Supply Improvement Program includes a combination of projects that will enhance the reliability and resiliency of the water system and meet the needs of a growing urban area. The program will construct major new transmission mains, new or improved connections to neighboring water systems, and additional seismically resilient storage, It will also expand service to a new area, install a system-wide advance metering infrastructure system, and work toward a new stormwater reuse system. PROJECT BENEFITS • Maintains the existing system's performance and improves its reliability. • Increases resiliency of water system to seismic events. • Provides system access to new drinking water source under construction. • Saves the City of Beaverton an estimated $31.3 million from financing with a WIFIA loan. WIFIA PROGRAM £% United States Environmental Protection kl m % Agency WEBSITE: www.epa.gov/wifia EMAIL: wifia@EPA.gov ------- |