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EPA Memo Outlines Strategy for Implementing State Revolving Fund Provisions of the Bipartisan Infrastructure Law

EPA Memo Outlines Strategy for Implementing State Revolving Fund Provisions of the Bipartisan Infrastructure Law

Created: Thursday, March 10, 2022 - 11:26
Categories:
Cybersecurity, Federal & State Resources, General Security and Resilience

EPA has issued a memorandum to guide collaborative implementation with state and local partners of the $43 billion in water infrastructure funding through the Bipartisan Infrastructure Law that passed in November. The memo is a key implementation step that outlines requirements and recommendations for the Drinking Water and Clean Water State Revolving Funds (SRFs), through which the $43 billion will flow.

The memo highlights the flexibility provided to states and borrowers to address a wide variety of local water quality and public health challenges. SRF funding through the law can be used in combination with additional funding sources to finance water infrastructure projects that meet the most pressing local needs. The memo also underscores provisions included in the Bipartisan Infrastructure Law to ensure that disadvantaged communities fully benefit from these historic investments in the water sector. It follows a letter from EPA Administrator Michael S. Regan to Governors in December of 2021 (reported on by WaterISAC here), encouraging jurisdictions maximize the impact of water funding from the law to address disproportionate environmental burdens in historically disadvantaged communities across the country. In addition to emphasizing equity in its strategy for use of the funds, EPA also highlights addressing PFAS and emerging contaminants, supporting resilience and one water innovation, and supporting American workers and renewing the water workforce, among other priorities. Access the memorandum and a fact sheet at EPA and a press release at EPA.

Additionally, EPA will host webinars on March 10 (at 4 pm ET) and 16 (at 2 pm ET) to discuss the memo. Register here.