Miami-Dade Water and Sewer Department (WASD) invited to apply for federal funding to finance CIP project
The Miami-Dade Water and Sewer Department (WASD) is a finalist to potentially receive a portion of $2 billion of low-interest federal loans to fund a portion of its 15 to 20-year Capital Improvement Program (CIP). The U.S. Environmental Protection Agency (EPA) originally received 43 applications competing for Water Infrastructure Finance and Innovation Act (WIFIA) Loans. WASD’s application is now among 12 projects located in nine states vying for these funds.
WASD would use the funding toward the Ocean Outfall Discharge Reduction and Resiliency Enhancement Project with the construction of new injection wells at WASD’s three waste water treatment plants to allow for the redirecting of effluent discharges from the ocean outfalls to these wells. The WIFIA loan would account for $78.6 million of the $160 million construction project.
The project is required to be completed by 2025 to comply with the State of Florida ocean outfall legislation. The project will increase availability of reclaimed water for potential reuse, reduce sanitary sewer overflows, increase capacity for the management of peak wet weather flows, and meet the advanced wastewater treatment levels.
“I am very pleased that the Miami-Dade Water and Sewer Department (WASD) has been invited to apply for a WIFIA loan,” said Miami-Dade County Mayor Carlos A. Gimenez. “This will not only aid the department in our mission to provide quality waste water removal services for our community, but assists us as we continuously explore alternate funding options for the CIP. It is important that we are not only good stewards of our natural resources, but our rate-payers’ financial resources, as well.”
WASD Director Lester Sola says that WIFIA funding isn’t the only alternate funding sources the department is applying for.
“Just as we aim to be proactive and creative in our enhancements and project upgrades using the most state-of-the-art technologies, WASD also researches and pursues all financial opportunities that will result in a win-win for both the department and our customers,” said Sola.
It is the priority of the Miami-Dade Water and Sewer Department to provide safe, reliable service to its customers. For additional information about Department services and programs, visit the department’s website.