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This bill (H.R. 2979) would amend the Water Infrastructure Finance and Innovation Act (WIFIA) of 2014 to make public water projects such as the off-stream Sites Reservoir Project eligible for low-interest, longer-term federal loans from the Environmental Protection Agency.
Specifically for California, the bill would unlock nearly $6 billion in low-interest federal financing for western water storage projects, including funds to build the off-stream Sites Reservoir in California’s northern Sacramento Valley.
Source: Rural County Representatives of California