funding water and wastewater infrastructure projects
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Funding Water and Wastewater Infrastructure Projects. Water Infrastructure Finance Authority of Arizona. About WIFA Overview of Grant and Loan Programs Application Process. Water Infrastructure Finance Authority. - PowerPoint PPT PresentationTRANSCRIPT
Funding Water and Wastewater Funding Water and Wastewater Infrastructure ProjectsInfrastructure Projects
Water Infrastructure Finance Water Infrastructure Finance Authority of ArizonaAuthority of Arizona
About WIFAAbout WIFA Overview of Grant and Overview of Grant and
Loan ProgramsLoan Programs Application ProcessApplication Process
Design, Improvement, Design, Improvement, Construction, AcquisitionConstruction, Acquisition
of of Drinking Water, Wastewater, Drinking Water, Wastewater, Water Reclamation and other Water Reclamation and other
water quality projectswater quality projects
Maintain and improve water quality in Arizona by Maintain and improve water quality in Arizona by providing financial assistance and technical providing financial assistance and technical
assistance for basic water infrastructure.assistance for basic water infrastructure.
Water Infrastructure Finance AuthorityWater Infrastructure Finance Authority
Project ExamplesProject Examples
Traditional ProjectsTraditional Projects Rehab/replacement Rehab/replacement
of water distribution of water distribution lineslines
Arsenic treatment Arsenic treatment systemssystems
Wastewater Wastewater treatment plant treatment plant upgradesupgrades
Green ProjectsGreen Projects Energy auditsEnergy audits Solar power for Solar power for
water and water and wastewater facilitieswastewater facilities
Water reclamationWater reclamation
What makes WIFA What makes WIFA a good funding option?a good funding option?
Clean Water and Drinking Water Revolving Funds
AAA credit rating = low-interest financial assistance
No application fees or closing costs
Grants and free Technical Assistance Programs
Average Federal Capitalization Grant/YearAverage Federal Capitalization Grant/Year
$4-6 million for Clean Water $4-6 million for Clean Water
$23 million for Drinking Water$23 million for Drinking Water
How the WIFA Loan Program Works
Water Infrastructure Finance Authority
State Revolving Fund
EPA
Arizona
Bond Holders
Clean Water Loans
Drinking Water Loans
Allocated $82 million of Allocated $82 million of federal Recovery Act federal Recovery Act moneymoney
Combined with our other Combined with our other funding sources - $183 funding sources - $183 million of projects on the million of projects on the groundground $$24 million funded 24 million funded
Green ProjectsGreen Projects
ARRA FinancingARRA Financing
Eligible applicantsEligible applicants
Drinking WaterDrinking Water Public water systems owned by political Public water systems owned by political
subdivisions (cities, towns, districts and tribal subdivisions (cities, towns, districts and tribal entities) and private ACC-regulated systemsentities) and private ACC-regulated systems
Clean WaterClean Water Restricted to various types of political subdivisions Restricted to various types of political subdivisions
(cities, towns, districts), including tribal entities(cities, towns, districts), including tribal entities
Assistance ProgramsAssistance ProgramsPlanning and Design Grants
Design and Construction Loans
DW Technical Assistance
ADEQ Capacity ADEQ Capacity Development ProgramDevelopment Program
Small drinking water Small drinking water systems (systems (<<10,000 10,000 people) receive:people) receive:
System EvaluationSystem Evaluation Operations and Operations and
Maintenance PackageMaintenance Package
FREE
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
Plan or design an Plan or design an infrastructure projectinfrastructure project
Funds typically used to Funds typically used to hire engineer or other hire engineer or other consultantconsultant
Maximum grant is Maximum grant is $35,000$35,000
Local match Local match waived/reduced for waived/reduced for water/energy water/energy efficiency projectsefficiency projects
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
-Feasibility Studies-Rate Studies/Financial Audits-District formation-Capital Improvement Plans-Other planning projects
-Preliminary Engineering Reports -Environmental Assessments -Engineering Plans and Specifications-Other design projects
Project Construction(Not eligible for grant funding)
Planning
Pre-design & Design
Construction
Two grant cycles per Two grant cycles per yearyear
Applications due end Applications due end of April and end of of April and end of OctoberOctober
Awards are made in Awards are made in June and DecemberJune and December
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
Loans for Project Design and Loans for Project Design and ConstructionConstruction
WIFA offers below WIFA offers below market interest ratesmarket interest rates 3.08% average for 3.08% average for
governmentalgovernmental 4.97% average for non-4.97% average for non-
governmentalgovernmental No application fees or No application fees or
closing costsclosing costs Design loansDesign loans
Interest only for 3 Interest only for 3 years, principal rolled years, principal rolled into construction loaninto construction loan
Planning and Design Grants
Design and Construction Loans
DW Technical Assistance
Two-step loan application Two-step loan application processprocess
1.1. Priority List application Priority List application (online)(online)
2.2. Project Finance Project Finance Application based on Application based on “readiness to proceed:”“readiness to proceed:”
Debt authorizedDebt authorized Project designedProject designed Plans approvedPlans approved Bids solicitedBids solicited
Priority List Applications (loans)
pdf Applications (loans)