Corps Water Infrastructure Financing Program (CWIFP)

Dept Of Defense, Dept Of The Army

CWIFP enables local investment in critical non-Federal dam safety projects that enhance community resilience to flooding, promote economic prosperity, and improve environmental quality by providing long-term low-cost credit assistance to non-Federal borrowers. Funding priorities are announced with the release of each Notice of Funding Availability.

Jargon-free version

Helps local governments and organizations pay for water infrastructure projects like dam safety. Covers up to 49% of costs, or 80% for projects in disadvantaged communities.

Quick Facts

Funding
$20,000,000 - $20,000,000
Deadline
Rolling
Status
Rolling Intake
Category
Agriculture, Food & Fisheries
Organization
Dept Of Defense, Dept Of The Army

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What Is This Program?

The Corps Water Infrastructure Program(CWIFP) provides long-term, low-cost credit assistance for water resource infrastructure projects (currently limited to dam safety projects that are non-federally owned, operated, and maintained). The program provides funding of up to 49% of project costs, or up to 80% of project costs for projects that serve economically disadvantaged communities. Eligible borrowers include: local, state, tribal, government entities, partnerships and joint ventures, corporations and trusts, and clean water and drinking water state infrastructure financing authorities.

What Benefits Are Offered?

loan

Low-cost, long-term, flexible direct loans covering up to 49% of eligible project costs, and up to 80% in some cases, for critical water infrastructure projects. These loans provide significant financial savings for local taxpayers on projects with eligible costs exceeding $20 million.

Who Is Eligible?

Industries: water infrastructure, civil engineering, dam safety, levee safety

Region: United States

Other Criteria: non-Federal entities, projects for dam safety and levee maintenance, upgrade, or repair, projects must be non-federally owned, operated, and maintained, eligible project costs in excess of $20 million

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How Do I Apply?

shamron.richardson@usace.army.mil
202-316-0638

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

This program offers funding up to $20,000,000 (minimum $20,000,000).

This program accepts applications on a rolling basis.

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