Coachella Valley Water District Awarded $59M By EPA

Coachella Valley Water District Awarded $59M By EPA

The U.S. Environmental Protection Agency (EPA) announced a $59 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Coachella Valley Water District to help finance stormwater channel improvements that will better manage heavy rains to protect communities’ surface waters and public health. At the event, EPA also highlighted the newly released WIFIA Annual Report. Both actions support EPA’s 50th anniversary celebration and the agency’s February theme of protecting America’s waters—including water infrastructure investments and surface water protection.

“This new WIFIA loan will help fund important water infrastructure upgrades in the Coachella Valley that will protect the health of local residents and ensure that stormwater is well managed,” said EPA Administrator Andrew Wheeler. “With this loan closing, EPA has now issued 15 WIFIA loans totaling more than $3.5 billion in credit assistance to help finance more than $8 billion for water infrastructure projects while creating more than 15,000 jobs.”

“Last year’s Valentine’s Day flood showed the danger and devastation that heavy rains and flooding can cause to our communities,” said Congressman Raul Ruiz, M.D. “This loan will go a long way to help manage floods, save property, and protect public health.

“Communities like the Coachella Valley experience real, on-the-ground benefits when they are able to improve critical water infrastructure for clean water, drinking water and flood protection,” said EPA Pacific Southwest Water Division Director Tomás Torres. “EPA is committed to continuing our support through low-interest, flexible financing that improves quality of life, creates jobs, and reduces project costs.”

he Coachella Valley Water District will develop two projects that make stormwater channel upgrades to improve water quality and support the economy in the Coachella Valley. The projects will increase capacity to capture and safely convey stormwater, helping Coachella Valley Water District meet stormwater management goals. The projects will help direct stormwater runoff away from nearby and adjacent properties, preventing run-off, silt, and other debris from impacting a wide area of land and water. In addition, by better managing stormwater in the event of a 100-year storm, the projects will allow for removing lands from the Federal Emergency Management Agency (FEMA) Special Flood Hazard Area for a 100-year storm event.