As EPA announces US$5.5 billion for new water infrastructure loans, Congress is debating establishing a new lending “window” for State Revolving Funds.

Key Points:

..Under WIFIA, EPA can issue long-term, low-interest loans or loan guarantees to a broad array of water infrastructure projects.

..EPA recently announced funding for US$5.5 billion in additional loans for FY 2018, and solicited Letters of Interest from project proponents by July 31, 2018.

..Congress is currently considering legislation that would extend WIFIA’s authorization and establish a separate new “window” under the program, which would lend exclusively to state revolving loan funds.