WIFIA Available Funding
Like a bank, the WIFIA program has funding available on an ongoing basis. This allows prospective borrowers to request financing on their schedule. A rolling selection process allows EPA to provide year-round access to WIFIA funding and quicker selection decisions to prospective borrowers. In addition, under this iterative, rolling selection process, the WIFIA program can provide technical assistance to prospective borrowers that need support to complete their Letter of Interest (LOI) package.
In the most recent Notices of Funding Availability, the WIFIA Program announced availability of an estimated $7.5 billion—$6.5 billion for WIFIA and $1 billion for SWIFIA—in financing to support approximately $15 billion in water infrastructure projects.
FY 2024 Notices of Funding Availability:
- Notice of Funding Availability for Credit Assistance Under the Water Infrastructure Finance and Innovation Act (WIFIA) Program
- Notice of Funding Availability for Credit Assistance Under the State Infrastructure Financing Authority Water Infrastructure Finance and Innovation Act (SWIFA) Program
Corps Water Infrastructure Financing Program Notice of Funding Availability:
The Corps Water Infrastructure Financing Program (CWIFP) is the U.S. Army Corps of Engineers' (Corps) new credit assistance program, also authorized by WIFIA, for non-federal dam safety projects.