EPA’s Water Infrastructure and Resiliency Finance Center Launches New Website
October 5, 2015
EPA’s Water Infrastructure and Resiliency Finance Center’s (WIRFC) mission is to provide objective financial advice to help communities make informed decisions on financing drinking water, wastewater, and stormwater infrastructure projects. The Center does not fund water infrastructure projects.
Now, WIRFC has a revamped website that communities can reference for financing drinking water, wastewater and stormwater infrastructure. Communities across the country are facing challenges with aging infrastructure. The need for water sector resiliency is becoming more and more of a focus for utilities across the nation. The Center has been actively working to identify best practices for innovative financing and provide technical assistance to communities to meet these water financing needs. Take a look at the new website http://www2.epa.gov/waterfinancecenter
Current Center-based activities include:
Regional Finance Forums These forums bring together communities with water infrastructure financing needs in an interactive peer-to-peer networking format. Attendees hear how local utilities have financed resilient water infrastructure projects and have the opportunity to meet key regional funding and technical assistance contacts.
Disadvantaged Community Support The Center is kicking off work to build financial capacity in small and medium disadvantaged communities. Through increased communication with community decision makers and targeted technical assistance, the Center assists in identifying financing options to address community needs. Financing options include available funding sources and possible financing strategies.
Affordability Programs The Center is exploring how household affordability considerations are addressed for specific segments of service areas that have difficulty paying water and sewer bills. The Center is developing a compendium on rate assistance and household affordability program best practices.
Innovative State Revolving Fund Financing The Center is launching a State Revolving Fund (SRF) Peer-to-Peer Learning Program with the Council of Infrastructure Financing Authorities (CIFA) and engaging in other SRF outreach on state-of-the-art practices.
Partnerships The Center is initiating a Water Infrastructure Public-Private Partnership and Public-Public Partnership Study and Local Government Training with the University of North Carolina Environmental Finance Center and West Coast Exchange. The Center is working with its partners to promote new tools such as EPA Region 3’s “Community-Based Public-Private Partnerships Guide for Local Governments” to explore alternative market-based tools for integrated green stormwater infrastructure.
Stormwater Financing Clearinghouse The Center is focusing on stormwater financing by developing a clearinghouse of information to support communities to develop dedicated sources of revenue for stormwater programs.