(Washington, DC) – (RealEstateRama) — President Trump signed the Fiscal Year (FY) 2018 Omnibus Spending package into law, ratifying significant increases in clean water infrastructure investment, which were included in the spending package. The National Association of Clean Water Agencies (NACWA) applauds Congress and the Administration for this legislation.
Specifically: (1) The increase of $600 million for the State Revolving Funds (SRFs) – split equally between the Drinking Water SRF and the Clean Water SRF – represents the most significant new money for these programs in many years, and (2) the proposed $63 million for the Water Infrastructure Finance and Innovation Act (WIFIA) is a significant increase in funding — exceeding the previously authorized FY18 levels.
It is fitting that Congress and the Administration recognize the need to provide additional federal investment for water infrastructure. NACWA has worked hard with its water sector partners to achieve these increased funding levels and looks forward to working with Congress and the White House to continue strengthening the SRFs and WIFIA through the rest of FY18, and on into the FY19 budget cycle.
For nearly 50 years, the National Association of Clean Water Agencies (NACWA) has been the nation’s recognized leader in legislative, regulatory and legal advocacy on the full spectrum of clean water issues. NACWA represents public wastewater and stormwater agencies of all sizes nationwide. Our unique and growing network strengthens the advocacy voice for all member utilities, and ensures they have the tools necessary to provide affordable and sustainable clean water for all. Our vision is to represent every utility as a NACWA member, helping to build a strong and sustainable clean water future. For more information, visit us at www.nacwa.org.