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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