WRDA Signed Into Law

WRDA Signed Into Law, Now on Two-Year Reauthorization Cycle

Recently, President Obama signed the Water Resources Development Act (WRDA) authorizing EPA, (Environmental Protection Agency) to provide assistance for a wide variety of projects including $170 million in aid to Flint, Michigan to help repair its drinking water system.

In a bill-signing ceremony at the White House, The President explained how WRDA will “put Americans to work modernizing our water infrastructure and restoring some of our most vital ecosystems.…

EPA Begins New Water Financing Program

On Monday, December 19, the Environmental Protection Agency (EPA) issued an interim final rule on credit assistance for water infrastructure projects that will become immediately effective.  The rule allows EPA to begin implementing the new Water Infrastructure Finance and Innovation Act (WIFIA) program.

National Need = $660 Billion

In the rule, the EPA estimates the national funding need for capital improvements for such facilities totals approximately $660 billion over the next 20 years.  The vast majority of that need, 90% or $591 billion, is for repair, rehabilitation, and replacement of existing infrastructure.

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