Water Infrastructure Finance and Innovation Act (WIFIA)

The Water Infrastructure Finance and Innovation Act (WIFIA) is a program in the United States designed to support the modernization and construction of water infrastructure projects. It provides federal loans and credit assistance to help state and local governments, as well as private entities, invest in projects like water treatment facilities and wastewater systems. The aim is to improve water quality, ensure reliable water supply, and reduce costs associated with financing these essential projects. WIFIA helps to leverage public and private funding, making it easier to tackle the country’s water challenges efficiently.