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. JOHNSTON COUNTY PROJECT NAME: Wastewater Treatment Improvements Program LOCATION: Smithfield, NC INVITED WIFIA LOAN AMOUNT $50 million POPULATION SERVED BY PROJECT: 89,604 PROJECT TYPE: Wastewater PROJECT DESCRIPTION: The Wastewater Treatment Improvements Program will include seven projects that support capacity expansion via a new 4 million gallons per day (MGD) wastewater treatment facility, biosolids management improvements to the existing regional wastewater treatment facility, and conveyance projects to distribute influent flow between the regional and new wastewater treatment facilities. The purpose of these projects is to meet the increased sewer demand in the service area, address infrastructure resiliency, and enhance nutrient removal to meet a stringent regulatory requirement. 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 ------- |