Business & Tech
Dayton Invited To Apply For $73 Million EPA Loan
The City will submit a formal loan application for approval this fall.
January 12, 2021
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Today, the U.S. Environmental Protection Agency (EPA) announced that it is inviting the City of Dayton to apply for a $73 million Water Infrastructure Finance and Innovation Act (WIFIA) loan. WIFIA, the Water Infrastructure and Finance and Innovation Act, is a financial assistance program that provides long-term, supplemental credit assistance from EPA to credit worthy water and waterworks infrastructure projects.
“We are ecstatic to receive financial assistance from the EPA for these projects,” said Water Director Mike Powell. “The WIFIA funding is a considerable investment in the City’s ongoing commitment in improving its infrastructure.”
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The City was notified on January 8 that three of its wastewater projects, Digester Design and Construction, Biosolids Design, and Biosolids Construction were selected to receive the WIFIA funds. The City will submit a formal loan application for approval this fall. This funding will help the City minimize wastewater rates for customers over the period between 2022 and 2035.
More info about how Dayton Water is investing in Dayton’s tomorrow: https://www.daytonohio.gov/760/Capital-Improvement-Program
More info about the projects referenced above:
- The Phase I Anaerobic Digesters project is necessary to treat sludge production at design flow. In addition to new digesters, the project includes rehabilitation of existing.
- The Biosolids Improvements project is required to address thickening process capacity. The existing equipment will be replaced with large centrifuges. The biosolids generated are land applied except during the Winter period mandated by the OEPA. This project includes increased storage to ensure compliance.
This press release was produced by the City of Dayton. The views expressed here are the author’s own.