Projects will provide water infrastructure upgrades for 24 million Americans and will create almost 200,000 jobs
At an event held recently in Detroit, Michigan, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler announced that 38 new projects in 18 states are being invited to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans. Together, the selected borrowers will apply for WIFIA loans totaling approximately $6B to help finance over $12B in water infrastructure investments and create almost 200,000 jobs.
“Through WIFIA, EPA is playing an integral role in President Trump’s efforts to improve and upgrade our nation’s water infrastructure and ensure all Americans have access to clean and safe water,” said EPA Administrator Andrew Wheeler. “This announcement highlights billions of dollars in needed water infrastructure investments to upgrade aging infrastructure, reduce exposure to lead and emerging contaminants and improve the lives of millions of Americans across the country – all while creating almost 200,000 jobs.”
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