The U.S. Environmental Protection Agency (EPA) has announced a $569 million Water Infrastructure Finance and Innovation Act (WIFIA) loan for a project to increase climate resilience for communities in the Fargo-Moorhead metropolitan area by reducing flood risks.
“The Fargo-Moorhead project illustrates that strong partnerships can be forged through investments in water infrastructure,” said EPA Administrator Michael S. Regan . “Through water infrastructure, we can address local challenges while creating good paying jobs. Programs like WIFIA and the State Revolving Funds have a track record of success and could be scaled up to benefit more communities under President Biden’s American Jobs Plan.”