$6.5 Billion in Loans Available for Water Infrastructure Projects
For Fiscal Year 2021, the U.S. Environmental Protection Agency (EPA) has approximately $6.5 billion in credit that could finance over $13 billion in water infrastructure projects through the Water Infrastructure Finance and Innovation Act (WIFIA) program. Grant Management Associates has experience with these and many other Loan Packages; USDA, SRF, CEC, EDA and others. We have experience and success with seeking principle forgiveness on a portion of the loan.
$5.5 billion is available through the WIFIA program and $1 billion is available through EPA's SWIFIA program. Only State water infrastructure authorities are eligible to submit a Letter of Interest for SWIFIA.
Prospective borrowers seeking WIFIA credit assistance must submit a letter of interest by July 23, 2021 and State infrastructure finance authorities seeking SWIFIA credit assistance must submit a letter by June 25, 2021.
Learn more in this year's WIFIA and SWIFA Notice of Funding Availability.
New resources are available to assist prospective borrowers with the Letter of Interest, including:
· Letter of Interest form (for WIFIA and SWIFIA)
· UpdatedWIFIA Program Handbook
New resources to learn more about WIFIA Program benefits: