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17 March 2022

EPA Invites Sites Reservoir to Apply for $2.2 Billion WIFIA loan

The loan would bring the Sites Reservoir, an off-stream water storage facility located in California, drought resiliency project “significantly closer to construction and completion.”

SACRAMENTO, CA – Today, the United States Environmental Protection Agency (EPA) invited the Sites Project Authority (Authority) to apply for a $2.2 billion low-interest, long-term loan through the Water Infrastructure Finance and Innovation Act (WIFIA).

Latest TFG News

28 January 2025

TFG Monitoring Developments of Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

On January 27, the Office of Management and Budget (OMB) under President Trump issued a memorandum titled “Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs.” The directive mandates Federal agencies to temporarily suspend the obligation and disbursement of federal financial assistance while conducting a comprehensive review of programs and awards to ensure alignment with the administration’s policies and priorities. As part of this review, agencies are also instructed to temporarily suspend the issuance of new program solicitations.

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