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.

CITY OF PROVO

PROJECT NAME: Aq uifer, Storage, and Recovery Program
LOCATION: Provo, UT

INVITED WIFIA LOAN AMOUNT $34 million
POPULATION SERVED BY PROJECT: 117,000
PROJECT TYPE: Drinking Water

PROJECT DESCRIPTION:

The Provo Aquifer, Storage, and Recovery Program (Phase 3) will design and construct the aquifer
storage and recharge projects identified through planning efforts to create a sustainable water supply
for Provo City. The purpose of the project is to build long-term drought resilience by increasing the City's
reliable water supply year-round, including during times of drought.

NUMBER OF PEOPLE IMPACTED:

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

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