The American Water Works Association recently applauded the introduction of S. 335, the Water Infrastructure Finance and Innovation Act of 2013 (WIFIA) by U.S. Sen. Jeff Merkley (D-Ore.), calling it an important step forward in rebuilding U.S. water and wastewater infrastructure.
¡°One year ago this week, AWWA published its ¡®Buried No Longer¡¯ study that demonstrates that more than $1T will be needed over the next 25 years to replace and expand aging drinking water infrastructure. Wastewater needs are similar,¡± said AWWA Executive Director David LaFrance. ¡°WIFIA would provide low-interest loans to help local communities build more infrastructure with less money. It represents just the right balance between local responsibility and federal assistance.
¡°The time is right for real, workable solutions to the nation¡¯s unprecedented water infrastructure challenge,¡± he added.
AWWA, the world¡¯s largest water organization with more than 50,000 members, has testified before Congress multiple times on the need for a WIFIA and through hundreds of face-to-face meetings with U.S. representatives and senators. In April, AWWA will bring more than 100 water utility managers to Washington D.C. for its Water Matters! Fly-In, where utility leaders will conduct more than 400 meetings with senators and representatives in support of WIFIA.
AWWA believes WIFIA should complement – not replace -- existing State Revolving Funds (SRFs), by specifically addressing projects that are too big for most SRFs to fund. WIFIA could also allow multiple smaller projects to be packaged into a single WIFIA application, ensuring that the benefits of the program are available to communities of any size and circumstance.
¡°Water and wastewater services are essential for public health protection, our environment, fire protection, economic vitality, and the quality of life we enjoy,¡± LaFrance said. ¡°When we invest in our essential water systems, we also create jobs. WIFIA can help accomplish all these things at a lower cost to water consumers.¡±