Says EPA Water Infrastructure Loan Could Help Millions in Orange County
Washington, D.C. – (RealEstateRama) — Rep. Mimi Walters released the following statement regarding the Environmental Protection Agency (EPA) inviting the Orange County Water District (OCWD) to apply for a Water Infrastructure Finance and Innovation Act (WIFIA) loan.
Enacted in 2014, the WIFIA loan program supports investment in critical water infrastructure projects by providing long-term loans for projects that will have a significant impact in their communities.
If awarded, OCWD would use the WIFIA loan to increase its wastewater recycling capacity from 100 million gallons per day to 130 million gallons per day. This expansion would allow OCWD to serve 2.4 million Orange County residents.
Said Rep. Walters, “I’m pleased OCWD was selected as one of twelve prospective water infrastructure projects to apply for a WIFIA loan. The announcement comes after my recent letter of support for OCWD’s selection to the EPA’s WIFIA Program Director.
“This low-cost loan would allow OCWD to complete the final expansion phase of its Groundwater Replenishment System, which reduces groundwater imports, while serving millions of Orange County residents.
“I am proud to support this fiscally responsible infrastructure project that has the potential to make Orange County’s water supply self-sustaining. I urge the EPA to give full consideration to OCWD’s WIFIA loan application.”
To read my full letter to the WIFIA Program Director, please click here.
To read the EPA’s announcement on the selection, please click here.
Walters represents California’s 45th District and serves on the House Energy and Commerce
Washington, D.C. – Rep. Mimi Walters released the following statement regarding the Environmental Protection Agency (EPA) inviting the Orange County Water District (OCWD) to apply for a Water Infrastructure Finance and Innovation Act (WIFIA) loan.
Enacted in 2014, the WIFIA loan program supports investment in critical water infrastructure projects by providing long-term loans for projects that will have a significant impact in their communities.
Contact: T.W. Arrighi
(202) 591 – 5949
