EPA Launches New Program With $1B in Loans Available for Water Infrastructure Projects
The U.S. Environmental Protection Agency (EPA) announced the availability of approximately $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program.
Solar Leases Could Conflict With Key Tax Break for Some MI Farmers
As interest grows in developing Michigan agricultural land for solar energy, some farmers may have to choose between keeping tax incentives for preserving farmland or leasing their property to solar developers.
CDFA Agenda Includes Pushing for Bond Bills, Supporting Tax Exemption
The Council of Development Finance Agencies this year will work to obtain separate bills that would ease certain tax restrictions for manufacturing bonds and remove water and sewer bonds from the private activity bond volume cap.
Stephanie Murphy Announces $2M Solar Energy Grant for UCF
Congresswoman Stephanie Murphy announced that the University of Central Florida will receive a $2 million grant from the Department of Energy to be used to support integration of solar energy into the nation's electric grid.
VEDA Approves $15.2M in Economic Development Financing
The Vermont Economic Development Authority (VEDA) has approved $15.2 million in economic development financings, supporting manufacturing, agricultural, energy and small business projects throughout Vermont.
Governor Wolf Announces $81.9M for Clean Water Projects
This funding will support sixteen drinking water, wastewater and non-point source projects across twelve counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST). $60.7 million will go towards low interest loans and $21.2 million is awarded through grants.
DC Water to Issue $100M More Green Bonds to Help Fund Project
The District of Columbia Water and Sewer Authority has planned a $300 million bond issuance for next month, $100 million of which will be green bonds used to finance a 25-year sewage cleanup project for D.C.
CA Rain Doesn't Dampen Enthusiasm for Drought Projects
Drought-inspired water and wastewater projects in California are moving forward despite record rainfall this year. The California Infrastructure and Economic Development Bank has recently approved plans for its second bond sale of more than $400 million for water quality projects in less than a year.
NARENCO Plans Two Solar Farms In Orangeburg County, SC
The National Renewable Energy Corporation will be constructing two new solar farms in Orangeburg County, South Carolina. Both projects are expected to bring $89.1 million in new capital investment to the area.
Biomass Secure Power Inc. Tax Free Bond Status Approved
Biomass Secure Power is pleased to advise shareholders that on January 19th, 2017 the Louisiana State Bond Commission approved the sale of $60 million tax exempt bonds by the Company's wholly owned subsidiary, Biomass Power Louisiana L.L.C. (BPL).
Strengthening Ohio's Water Infrastructure: Financing and Policy
This report is written by the Greater Ohio Policy Center in fulfillment of a grant from the Ohio Water Development Authority (OWDA) to the Greater Ohio Policy Center (GOPC) to examine new and innovative financing techniques for water, wastewater, and stormwater infrastructure in the state of Ohio.
Green Bonds Rise as Tool for Water Infrastructure, Resilience
Environmentally conscious green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas. Municipal issuers from transit agencies to small cities and towns have sought to manage water more effectively -- notably after Hurricane Sandy struck in 2012 – with varying degrees of success.
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