WHERE IS THE MONEY WATER RESOURCE DEVELOPMENT ACT (WRDA) & WATER INFRSTRUCTURE FINANCE INOVATION ACT (WIFIA) & WATER INFRASTRUCTUR IMPROVEMENTS for the.

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Presentation transcript:

WHERE IS THE MONEY WATER RESOURCE DEVELOPMENT ACT (WRDA) & WATER INFRSTRUCTURE FINANCE INOVATION ACT (WIFIA) & WATER INFRASTRUCTUR IMPROVEMENTS for the NATION Act (WIIN)

WATER RESOURCE DEVELOPMENT ACT Passed the Senate Did not pass the House of Representatives DOA Schoolhouse Rock

WATER INFRASTRUCTURE FINANCE and INNOVATION ACT Passed the Senate Pass the House of Representatives President signed WIFIA into law WIFIA is AUTHORIZED Under 2017 continuing resolution Congress APPROPRIATED $17M

WIFIA Loan Program WIFIA can pay up to 49% of a project Total of 80% from Federal source, waiver provision $5M minimum project for small communities Project must be credit worthy and have a dedicated source of revenue Interest rate equal to or greater than the Treasury rate States, Tribes or Tribal Consortia are eligible

WATER INFRASTRUCTURE IMPROVEMENTS for the NATION ACT Passed the Senate Pass the House of Representatives President signed WIIN into law WIFIA is AUTHORIZED No funding has been APPROPRIATED by Congress

WIIN National Grant Program Small disadvantaged underserved communities Under served communities Does not have drinking water or sewer service PWS that violates primary drinking water regulation Total of 45% WIIN 55% non-federal, waiver Authorization $60M FY17-21 no appropriation at this time PWS or a States on behalf of a underserved community are eligible

WHERE ARE WE? WRDA WIFIA WIIN No longer exists Authorized and appropriations approved Loans 49% WIFIA up to 80% Federal funds Pre-application process NOFA WIIN Authorized but no appropriations National grants 45% WIIN 55% non federal funds Application process has not been determined