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. METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO PROJECT NAME: Capital Improvement Projects LOCATION: Chicago, IL INVITED WIFIA LOAN AMOUNT: $98 million POPULATION SERVED BY PROJECT: 3,239,405 PROJECT TYPE: Wastewater PROJECT DESCRIPTION: The Capital Improvements Projects include 13 construction projects. Five projects involve rehabilitation of intercepting sewers to eliminate inflow and infiltration. One project provides connections to the Tunnel and Reservoir Plan to relieve wet weather flow. Six projects will rehabilitate or replace infrastructure at the water reclamation plants. The final project adds a chemical treatment system to the Calumet water reclamation plant to reduce phosphorus in wastewater. The purpose of these projects is to preserve the useful life of the facilities and increase the capacity or efficiency of these facilities. FY 2020 SELECTION ROUND TOTAL LOAN AMOUNT: $5.1 billion TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: $12.5 billion NUMBER OF PEOPLE IMPACTED: 25 million in 20 states NUMBER OF PROJECTS SELECTED: 55 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. ------- |