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. ORANGE COUNTY WATER DISTRICT PROJECT NAME: PFASTreatment Projects LOCATION: Fountain Valley, CA INVITED WIFIA LOAN AMOUNT $173 million POPULATION SERVED BY PROJECT: 1,500,000 PROJECT TYPE: Drinking Water PROJECT DESCRIPTION: The PFASTreatment Projects will design, permit, and construct PFAS removal systems at 45 impacted wells operated by 10 cities and retail water districts within Orange County Water District. The purpose of the project is to improve drinking water quality by reducing PFOA and PFOS levels to ensure the groundwater supplied by the wells is in compliance with current California PFAS recommendations. NUMBER OF PEOPLE IMPACTED: « w 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. FY 2020 SELECTION ROUND TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: $12.5 billion TOTAL LOAN AMOUNT $5.1 billion NUMBER OF PROJECTS SELECTED: 55 United States Environmental Protection Agency WEBSITE: www.epa.gov/wifia EMAIL; wifia@EPA.gov ------- |