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Increased Federal Funding for Water Infrastructure in Drought and Disadvantaged Areas

This law increases federal financial assistance for certain water infrastructure projects. Projects located in states and counties experiencing severe drought, as well as those serving historically disadvantaged communities, can now receive financing for up to 90% of project costs.
Key points
Federal financing for water projects may cover up to 90% of costs in states experiencing severe drought (D2 or higher) or counties with a declared drought emergency.
Financing of up to 90% is authorized for water infrastructure projects serving communities designated as disadvantaged or financially distressed.
Projects located in drought areas that also serve disadvantaged communities receive priority for financing.
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Additional Information
Print number: 118_HR_8030
Sponsor: Rep. Peters, Scott H. [D-CA-50]
Process start date: 2024-04-16