WIFIA Program Announcements

WIFIA Program Reaches $10 Billion in Disbursements

The WIFIA program recently reached a significant milestone - $10 billion in disbursements to borrowers. This is an important achievement, emphasizing the on-the-ground work happening nationwide to build sustainable water infrastructure. Since the first disbursement in March 2019, the WIFIA team has processed nearly 900 requests from 97 current WIFIA borrowers. In 2024 alone, the WIFIA team disbursed borrowers for approximately $4 billion in documented project costs. The WIFIA program uses a scalable review process that allows for 15-day processing of disbursement requests, getting money to communities quickly.

Recent Post-Closing Loan Amendments

The WIFIA team recently processed several loan amendments for borrowers. This post-closing flexibility shows how the WIFIA program can respond to borrower needs even after loans close.

• City of Waukesha, Wisconsin: Amended the City of Waukesha’s $137 million WIFIA loan, allowing them to add a critical project and fully utilize their loan.
• Monterey One Water, California: Amended the $76 million loan to Monterey One Water and added projects to the WIFIA loan. This flexibility allows Monterey One Water to accelerate even more water infrastructure investment.
• City of Englewood, Colorado: Amended the City of Englewood’s $38 million loan for the One Water Modernization Program. This change helps the city prioritize its construction and complete projects within budget.
• Metro Water Services, Tennessee: Amended the $315 million loan to Metro Water Services to change the scope of the water treatment plant projects. This amendment will help address construction costs and keep rates lower for customers.
• Bloomington and Normal Water Reclamation District, Illinois: Amended the $39 million loan to the Bloomington and Normal Water Reclamation District to add new wastewater projects to their loan. This flexibility helps accelerate the district’s wastewater infrastructure improvements.
• Milwaukee Metropolitan Sewerage District, Wisconsin: Amended the Milwaukee Metropolitan Sewerage District’s $41 million loan to adjust projects and construction schedules. This amendment helps the district complete its complex wastewater infrastructure projects.