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. MILWAUKEE METROPOLITAN SEWERAGE DISTRICT PROJECT NAME Waterway Flood Management and Restoration Projects LOCATION: Milwaukee, Wl INVITED WIFIA LOAN AMOUNT $126 million POPULATION SERVED BY PROJECT: 1,100,000 PROJECT TYPE: Wastewater PROJECT DESCRIPTION: The Milwaukee Waterway Flood Management and Restoration Projects will include: 1) Wilson Park Creek Flood Management Project; 2) West Basin Flood Management Project, which will construct a 31- million-gallon, 100-year stormwater facility and appurtenant storm sewers; and 3) Area of Concern's Dredged Management Facility which will excavate contaminated sediments from the estuary. The purpose of the three projects is to improve Lake Michigan's water quality and protect the drinking water supply of 1.1 million people by reducing the risk of sewer overflows and by dredging over 2 million cubic yards of contaminated sediments from the Milwaukee Estuary. FY 2020 SELECTION ROUND NUMBER OF PROJECTS SELECTED: 55 TOTAL LOAN AMOUNT $5.1 billion TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: $12.5 billion NUMBER OF PEOPLE IMPACTED: 7 ^ 25 million in 20 states Selected projects must submit an application for a WIFIA loan, pass a creditworthiness assessment, negotiate a mutually agreeable term sheet, and execute a credit agreement to receive WIFIA funding. 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 ------- |