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Support for Small Communities in Water Projects

This act makes it easier for small towns and rural areas to access funds for water projects, such as building and upgrading infrastructure. It increases technical and financial support, which can improve water quality and access for residents. It also extends loan repayment periods for long-term projects.
Key points
Smaller communities (up to 25,000 inhabitants) will receive increased technical and financial support for water project development.
The minimum project cost eligible for financial assistance has been lowered from $5 million to $1 million, opening doors for smaller initiatives.
Loan repayment periods for water projects with a long useful life (over 35 years) can be extended up to 55 years, reducing annual financial burdens.
New project delivery methods (e.g., "design-build") have been introduced, which may accelerate and streamline water infrastructure construction.
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Additional Information
Print number: 118_HR_5664
Sponsor: Rep. Schrier, Kim [D-WA-8]
Process start date: 2023-09-21
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OFFICIAL LEGAL TITLE

Water Infrastructure Finance and Innovation Act Amendments of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5664.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-09-21.

What are the main provisions?

Key points include:

  • Smaller communities (up to 25,000 inhabitants) will receive increased technical and financial support for water project development.
  • The minimum project cost eligible for financial assistance has been lowered from $5 million to $1 million, opening doors for smaller initiatives.
  • Loan repayment periods for water projects with a long useful life (over 35 years) can be extended up to 55 years, reducing annual financial burdens.
  • New project delivery methods (e.g., "design-build") have been introduced, which may accelerate and streamline water infrastructure construction.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Schrier, Kim [D-WA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Water Resources and Environment.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Public Investments Environment Local Government