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. MEDFORD WATER COMMISSION PROJECT NAME: Rogue Valley Water Supply Resiliency Project LOCATION: Medford, OR INVITED WIFIA LOAN AMOUNT $58 million POPULATION SERVED BY PROJECT: 131,000 PROJECT TYPE: Drinking Water PROJECT DESCRIPTION: The Rogue Valley Water Supply Resiliency Project will consist for four water delivery projects: 1) expansion of the Duff Water Treatment Plant; 2) lead and copper mitigation; 3) rebuilding phase 1 of the Capital Hill Reservoir Facility; and 4) adding new storage and conveyance capacity at Coker Butte. The purpose of the projects is to provide a more resilient water supply system and increase water quality to meet the growing needs of the Rogue Valley and the requirements of the Oregon Resiliency Plan. 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 LOAN AMOUNT $5.1 billion TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: $12.5 billion NUMBER OF PEOPLE IMPACTED: NUMBER OF PROJECTS SELECTED: 55 United States Environmental Protection Agency WEBSITE: www.epa.gov/wifia EMAIL; wifia@EPA.gov ------- |