The Environmental Protection Agency has provided a $ 477 million loan to the Hampton Roads sanitation district in Virginia to help replenish the Potomac aquifer and decommission a wastewater treatment plant under the Sustainable Water program Infrastructure for Tomorrow.
The EPA said on Friday that the SWIFT program includes more than 20 projects in the Hampton Roads area that aim to promote climate resilience by restoring the Chesapeake Bay and other water supplies, preventing intrusion. water treatment, modernization of treatment works and land subsidence mitigation efforts.
“This innovative project illustrates the promise of the bipartisan infrastructure deal envisioned by Congress to deliver the multiple benefits of investing in water infrastructure – climate resilience, 4,000 jobs created and environmental improvements to support a community historically disadvantaged, “said Assistant Radhika Fox. water administrator at the EPA.
The Water Infrastructure Finance and Innovation Act loan guaranteed by HRSD marks the second installment of a possible 10-year $ 1 billion WIFIA framework agreement with the EPA. The district expects the SWIFT Tranche 2 projects to generate approximately 4,480 construction and operation jobs.
The EPA said 58 WIFIA loans have been made to help finance water infrastructure projects valued at around $ 24 billion and create 68,000 jobs.
If you are interested in learning more about the implications of climate change for national security and how data analysis can inform agencies’ climate adaptation strategies, check out the Bolstering Climate Resilience for National Security forum. Potomac Officers Club which will take place on September 14th. Click here to subscribe to this virtual forum and learn more about other upcoming POC events,