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  2. Water Infrastructure Finance and Innovation Act (WIFIA)

WIFIA Program Announcements

EPA Announces Notices of Funding Availability for WIFIA and SWIFIA

EPA announced $6.5 billion in WIFIA funding available for water systems, with an additional $550 million available to states through the SWIFIA program.

To learn more about the most recent Notices of Funding Availability, visit the WIFIA Available Funding page.

Interested entities can register for upcoming webinars on the next round of WIFIA funding.


EPA Announces $123 Million WIFIA Loan to the City of Lake Oswego, Oregon

Lake Oswego, Oregon construction site

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) (293.94 KB)

WIFIA Program Celebrates Substantial Completion of Toho Water Authority Project, Florida

Toho wastewater construction site

In 2020, the Toho Water Authority located in Kissimmee, Florida closed a $40 million WIFIA loan for its Accelerated Gravity Sewer Assessment and Rehabilitation Project. Recently finishing construction in 2025, this project included repairing, rehabilitating, and replacing sewer mains, sewer lines, and manholes. The project addresses regulatory requirements by increasing system efficiency and reducing sanitary sewer overflows that impacted the surrounding community. This project will ensure continued quality wastewater treatment services for the community served by Toho Water Authority.  

This was a complex project, with many components to consider in multiple locations. The authority listed improvements to hundreds of manhole replacements, 65 wastewater pumping station basins, and over 900,000 feet of gravity mains. To increase efficiency in reviewing and processing the loan, the WIFIA program created a “program of projects” structure. Through this innovation, WIFIA staff grouped projects more broadly, which minimized the time to close the loan and enabled Toho Water Authority to adjust projects for real-time requirements during construction.  

This flexible structure allows borrowers to finance multiple projects under a single loan, given that the projects serve a common purpose, include similar work, and have similar construction timeframes, generally limited to five years. Bundling a program of projects allows borrowers to use WIFIA loans to finance smaller projects that would not individually meet the WIFIA program’s minimum project cost requirements.

The Toho Water Authority completed a larger scope of work by combining smaller project components with construction across multiple locations into a single loan. Additionally, the loan incorporated a minimum spend requirement rather than funds being tied to specific projects. By using WIFIA financing, borrowers can use flexible structures to accelerate their water infrastructure projects and obtain financing certainty.

Water Infrastructure Finance and Innovation Act (WIFIA)

  • About WIFIA
    • Eligibility
    • Loan Process
    • Frequent Questions
  • WIFIA Solutions
    • Limiting Ratepayer Impacts
    • Once-in-a-Generation Project
    • Rising Costs
    • Multiple Funding Sources
    • Need Alternative Funding
    • Waiting for Grant Funding
    • Navigating Funding Process
    • Need to Move Quickly
    • Addressing Regional Issues
  • How to Apply
    • Available Funding
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    • WIFIA SRF Borrowers
  • WIFIA Projects
    • Closed Loans
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    • Future Webinars and Events
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  • Program Resources
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    • Laws and Regulations
    • Federal Requirements
Contact Us About the Water Infrastructure Finance and Innovation Act (WIFIA)
Contact Us About the Water Infrastructure Finance and Innovation Act (WIFIA) to ask a question, provide feedback, or report a problem.
Last updated on November 20, 2025
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