The WIFIA program has issued its sixth loan to the Metropolitan St. Lewis Sewer District. EPA's total credit assistance is now over $1.5 billion. The Metropolitan St. Louis Sewer District's $47.7 million loan will construct a new pump station and replace or rehabilitate over three miles of sanitary sewers. This upgrade will help alleviate wastewater overflow and reduce basement backups for the 1.4 million residents served by Metropolitan St. Louis Sewer District and improve water quality in Deer Creek. The District expects to save up to $15 million by financing the project with a WIFIA loan and create 70 jobs.
Learn more about this project by visiting the project website or reading the project factsheet.
To learn more about the WIFIA Program, read the updated WIFIA Program Handbook which describes the program's requirements and processes. The updated version now includes a template term sheet.
