EPA issues first WIFIA loan

EPA has issued its first-ever loan under the Water Infrastructure Finance and Innovation Act (WIFIA) program, providing $134.5 million to King County, WA, to finance nearly half the construction cost for a new wet weather treatment station. The agency announced the long-anticipated loan April 20, touting the project's expected environmental benefits, job creation and financial savings by using WIFIA. “Today’s loan marks a major milestone in advancing President [Donald] Trump’s vision for improving our country’s water infrastructure,” EPA Administrator Scott...