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EPA Gives $220M Loan for New Jersey Water Infrastructure Modernization

EPA Gives $220M Loan for New Jersey Water Infrastructure Modernization

by CivMetrics Staff | Jun 18, 2022 | Infrastructure, Uncategorized, Utilities, Water

The New Jersey Department of Environmental Protection announced that the New Jersey Infrastructure I-Bank will receive $221 million WIFIA loan from EPA that will be used to finance 28 water infrastructure projects in the state of New Jersey. The WIFIA loan will not...
Water Agency Ratings Changes Roundup: June 2022

Water Agency Ratings Changes Roundup: June 2022

by CivMetrics Staff | Jun 17, 2022 | Bonds, Infrastructure, Uncategorized, Utilities, Water

Fitch Ratings recently updated its ratings on various water agencies in California, Oregon, and Texas. Water District of Southern California was given the rating of ‘AA+’ on its senior lien and subordinate lien water revenue bonds and term bonds, and bank...
Supreme Court to Decide Whether Pennsylvania Town Actually Owns Its Water Assets

Supreme Court to Decide Whether Pennsylvania Town Actually Owns Its Water Assets

by CivMetrics Staff | Jun 4, 2022 | Infrastructure, Sub Featured C, Uncategorized, Utilities, Water

Does the mid-sized Pennsylvania town of Chester actually own its Water Authority? The state’s Supreme Court is now weighing in. In the September decision of the lower court, it ruled that Chester was the sole owner of CWA. This prompted Chester City Council to...
Why Is Critical Infrastructure Such An Easy Target for Cyber Attacks?

Why Is Critical Infrastructure Such An Easy Target for Cyber Attacks?

by CivMetrics Staff | May 16, 2022 | Infrastructure, Uncategorized, Utilities

Critical Infrastructure is being targeted more frequently as cybercriminals (and states) deem these attacks more profitable (or politically/militarily effective) than hacking private individuals and businesses. But why can’t critical infrastructure systems...
$420 Million in Federal Funds Headed for Rural Water Infrastructure

$420 Million in Federal Funds Headed for Rural Water Infrastructure

by CivMetrics Staff | May 3, 2022 | Infrastructure, Sub Featured B, Uncategorized, Utilities, Water

Through funding made available by the Bipartisan Infrastructure Law, the US Department of Agriculture announced that it will invest $420 million in rural water infrastructure. The funding will be distributed to 132 projects in the 31 states. Furthermore, Reuters also...
Investment Decade: Water and Sewer Sectors to Thrive through ARPA and IIJA Initiatives

Investment Decade: Water and Sewer Sectors to Thrive through ARPA and IIJA Initiatives

by CivMetrics Staff | Apr 24, 2022 | Uncategorized, Utilities, Water

Investment projects continue to thrive with the American Rescue Plan (ARPA) and Infrastructure Investment and Jobs Act (IIJA) which will increase federal financial allocation in water and sewer systems. Through ARPA, $350 billion were allocated throughout different...
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