WIFIA Program Closes $436 Million Loan to Indiana Finance Authority
On October 9, 2019, EPA announced a WIFIA loan to the Indiana Finance Authority (IFA) to finance 23 wastewater and drinking water projects across the state. This loan marks the first time EPA has provided WIFIA financing directly to a State Revolving Fund (SRF) program.
Drinking water projects will improve water treatment plants, storage tanks, distribution system components, wells, and pump stations, constructing resiliency features, and implementing water conservation measures. Wastewater projects will improve and increase capacity of wastewater treatment plants, tunnels to capture combined sewer overflows, and collection systems. As a result, Indiana residents will have less untreated wastewater and nutrients entering waterways and more potable water available.
Tualatin Valley Water District and City of Hillsboro Celebrate $640 WIFIA Loan
The U.S. Environmental Protection Agency (EPA) Regional Administrator for the Pacific Northwest Chris Hladick joined the Tualatin Valley Water District (TVWD) and the city of Hillsboro to celebrate EPA’s nearly $640 million WIFIA loans to these communities. These loans will invest in the development of an additional water supply for these communities that will be built to the highest seismic safety standards for earthquake resiliency.