Congress Will Decide Funding For State And Local Water Projects

Here’s something important to watch: Members of the U.S. House of Representatives are considering a bipartisan bill to increase the funding available for water infrastructure projects in the future. They are monitoring debate on the reauthorization of the Water Infrastructure Finance and Innovation Act (WIFIA). The bill under consideration would double the program’s authorized funding to $90 million per project. Simply put, that means that a large project, which could only qualify for $45 million in financial assistance in the past, could qualify for $90 million in assistance in the future.