WIFIA Available Funding
Like a bank, the WIFIA program has funding available on an ongoing basis. This allows prospective borrowers to request financing on their schedule. A rolling selection process allows EPA to provide year-round access to WIFIA funding and quicker selection decisions to prospective borrowers. In addition, under this iterative, rolling selection process, the WIFIA program can provide technical assistance to prospective borrowers, particularly disadvantaged and small communities, that need support to complete their Letter of Interest (LOI) package.
In the FY 2023 Notices of Funding Availability, the WIFIA Program announces availability of an estimated $7.5 billion—$6.5 billion for WIFIA and $1 billion for SWIFIA—in financing to support approximately $15 billion in water infrastructure projects.
FY 2023 Notices of Funding Availability:
- Federal Register Notice of Funding Availability for Credit Assistance Under the Water Infrastructure Finance and Innovation Act (WIFIA) Program
- Federal Register Notice of Funding Availability for Credit Assistance Under the State Infrastructure Financing Authority Water Infrastructure Finance and Innovation Act Program
Corps Water Infrastructure Financing Program Notice of Funding Availability:
The Corps Water Infrastructure Financing Program (CWIFP) is the U.S. Army Corps of Engineers' (Corps) new credit assistance program, also authorized by WIFIA, for non-federal dam safety projects. CWIFP is soliciting preliminary applications until December 19, 2023.