Online ExclusivesCongress Frees WIFIA From Ban on Tax-Exempt Bonds

Congress Frees WIFIA From Ban on Tax-Exempt Bonds

American Water Works Association urges swift action to fund water infrastructure tool

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Water Infrastructure Finance and Innovation Authority (WIFIA) Loans American Water Works Association (AWWA) Funding Aging Infrastructure

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Congress Frees WIFIA From Ban on Tax-Exempt Bonds
The United States needs to invest more than $1 trillion over the next 25 years to repair and expand drinking water infrastructure, says the AWWA.

Water utilities and advocates are celebrating a huge step forward for the Water Infrastructure Finance and Innovation Act after Congress passed legislation Dec. 3 that lifts a ban on the use of tax-exempt bonds with WIFIA loans. 

The American Water Works Association (AWWA) is...

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