2016•University of North Texas Digital Library (University of North Texas)Open access

Water Infrastructure Financing: The Water Infrastructure Finance and Innovation Act (WIFIA) Program

Claudia Copeland

Abstract

Policy makers have recently been considering several legislative options to help finance water infrastructure projects, including projects to build and upgrade wastewater and drinking water treatment systems. This report examines one particular option, a "Water Infrastructure Finance and Innovation Act," or WIFIA, program, which Congress included in the Water Resources Reform and Development Act of 2014 (WRRDA). As enacted (P.L. 113-121), the legislation creates a WIFIA pilot program based on provisions in Senate-passed S. 601 with some additions and modifications.

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Key concepts: Water infrastructure, Finance, Project finance, Legislation, Business, Critical infrastructure, Water resources, Water supply