WIFIA Program Announcements
EPA Announces $123 Million WIFIA Loan to the City of Lake Oswego, Oregon
In September 2025, the City of Lake Oswego, Oregon closed a $123 million WIFIA loan for the Wastewater Treatment Facility Replacement Project. This project will help the city modernize its wastewater infrastructure by constructing a new wastewater treatment facility to replace its existing 60 year old plant. The new facility will be compliant with current structural code, mitigating impacts from seismic activity. Overall, this project improves the city’s wastewater services and reduces the risk of untreated wastewater spilling into the Willamette River.
- Fact Sheet: Lake Oswego (pdf)
WIFIA Program Visits Hampton Roads Sanitation District Project Site
In August 2025, the WIFIA program visited the Hampton Roads Sanitation District (HRSD) (pdf) (281 KB) in Virginia, which has three WIFIA loans, totaling $970 million as part of a $1.3 billion master agreement to implement its Sustainable Water Initiative for Tomorrow (SWIFT) Program. As the first major water recycling program on the east coast of the United States, the SWIFT Program is an innovative water treatment project to replenish the stressed Potomac Aquifer with clean, highly treated water by up to 120 million gallons per day. Currently, eastern Virginia is experiencing land subsidence, or sinking land, due to overuse of the Potomac Aquifer as a primary source of drinking water. This increases the risk of groundwater contamination from saltwater intrusion. The SWIFT Program will help reduce the rate of land subsidence, protect groundwater from saltwater intrusion, and allow for continued use of the aquifer for drinking water, benefiting nearly 2 million people.
Along with the WIFIA financing provided under a master agreement, HRSD will co-fund its $2.9 billion SWIFT Program with financing from the Virginia Clean Water State Revolving Fund as well as revenue bonds and borrower cash. This SWIFT Program is a large and complex undertaking with more than 40 individual capital projects using advanced treatment methods. HRSD will upgrade existing treatment facilities and build infrastructure, including wells, to inject highly treated water into the aquifer. HRSD has completed an average 64 percent of construction on the WIFIA-funded projects and is making strong, continuous progress towards SWIFT Program completion.
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.