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Obama signs legislation authorizing WIFIA

Obama signs legislation authorizing WIFIA
June 10, 2014

*From AWWA Website*

President Obama today signed into law the Water Resources and Reform Development Act, which includes the new Water Infrastructure Finance and Innovation Act.

Supported by AWWA and other water organizations, WIFIA is a new finance tool to help communities address essential water and wastewater infrastructure projects at a lower cost, saving consumers money on their water bills.
 
“Today is a great day for our nation’s critical water resources and for our economy,” said Sen. Barbara Boxer (D-Calif.), chair of the Environment and Public Works Committee who spearheaded passage of the measure. Boxer joined with committee Ranking Member Sen. David Vitter (R-La.,) to commend the President for signing into law “a strong, bipartisan bill which invests in vital water infrastructure that protects communities in California and across the nation from flooding, maintains navigation routes for commerce and the movement of goods, restores vital ecosystems and boosts our economy by creating jobs.”
 
Read the committe press release and more about WIFIA.

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