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$614 Million USD WIFIA Loan For San Diego Water Purification

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WASHINGTON DC, United States

The US Environmental Protection Agency (EPA) has approved a $614 Million USD loan to San Diego, California, about one-half the cost of the City of San Diego’s Pure Water Project. The loan was approved under the Water Infrastructure Finance and Innovation Act (WIFIA), a federal loan and guarantee program established in 2014 to accelerate investment in US water infrastructure by providing long-term, low-cost supplemental loans for regionally and nationally significant projects.