Biden-Harris Administration Announces $330 Million WIFIA Loan to Reduce Air Emissions from Wastewater Treatment Plants in Missouri
When combined with other funding sources, the WIFIA program has supported $40 billion for America’s water infrastructure
WASHINGTON – Today, the U.S. Environmental Protection Agency (EPA) announced a Water Infrastructure Finance and Innovation Act (WIFIA) loan totaling $330 million to the Metropolitan St. Louis Sewer District (MSD Project Clear) in Missouri. This funding will help reduce air emissions by 90%, support energy efficiency, and meet regulatory compliance by constructing new biosolids processing facilities. Since its creation, EPA’s WIFIA program has announced $19 billion in financing to support 112 projects totaling over $40 billion that are strengthening drinking water, wastewater, and stormwater infrastructure while creating over 60,000 jobs.
“The Biden-Harris Administration continues to make historic investments in upgrading America’s critical local water infrastructure,” said EPA Administrator Michael S. Regan. “With these unprecedented resources, Missouri’s MSD Project Clear has the federal support it needs to reduce air emissions, protect a vital water resource, and create jobs in St. Louis.”
The MSD Project Clear Solids Management Upgrades project will reduce air emissions and ensure continued compliance with regulations. While MSD Project Clear’s existing biosolids treatment facilities, built in the 1970s, continue to meet or exceed all air quality standards, they rely on outdated technology. With EPA’s WIFIA loan, newly constructed biosolids processing facilities will have emissions controls that drastically reduce pollutants and air emissions by 90% using modern, energy-efficient equipment that requires less fuel to operate. MSD Project Clear will also construct odor control systems to reduce the impact of unpleasant smells on neighboring communities with environmental justice concerns.
“The Solids Management Upgrades project is about more than infrastructure improvements – it’s a long-term investment in the health and well-being of our community,” said Brian Hoelscher, MSD Project Clear Executive Director & CEO. “WIFIA’s cost-effective loans are one way we are able to complete these vital improvements while upholding our commitment to be good stewards of public funds.”
MSD Project Clear will save approximately $86 million by financing with a WIFIA loan. Investing in their infrastructure will create approximately 3,000 jobs.
Learn more about EPA’s WIFIA Program and water infrastructure investments under the Bipartisan Infrastructure Law.
Background
Established by the Water Infrastructure Finance and Innovation Act of 2014, the WIFIA program is a federal loan program administered by EPA. The WIFIA program’s aim is to accelerate investment in the nation’s water infrastructure by providing long-term, low-cost supplemental credit assistance for regionally and nationally significant projects. The WIFIA program has an active pipeline of pending applications for projects that will result in billions of dollars in water infrastructure investment and thousands of jobs.
EPA recently made the 7th round of WIFIA financing available and is currently accepting letters of interest for WIFIA and SWIFIA loans. $6.5 billion is available through WIFIA, and $1 billion is available through SWIFIA, which is a loan program exclusively for State infrastructure financing authority borrowers. EPA is currently accepting letters of interest for WIFIA and SWIFIA loans. Learn more about submitting a letter of interest for a WIFIA loan.
In addition to WIFIA loans, there are many federal funding resources available for communities and utilities to improve vital water and wastewater resources. President Biden’s Bipartisan Infrastructure Law is a once-in-a-generation investment in our nation’s infrastructure and competitiveness. The Bipartisan Infrastructure Law provides a historic $50 billion investment in upgrading critical water, wastewater, and stormwater infrastructure.