Resilience

Water Infrastructure Finance and Innovation Program Account

Agency NameDepartment of Defense - Army Corps of Engineers
Funding Amount$75,000,000.00
Bureau Name Corps of Engineers - Civil Works
Funding Mechanism Credit Assistance
New? Yes
Funding Mechanism Credit Assistance

Funding Amount Notes

Period of Availability Available until expended
Recipients State, local government, public utility, or private primary owners of dams identified in the National Inventory of Dams, where the Federal Government is not a joint owner (pursuant to PL 116-260; Water Resources Reform and Development Act 2014, as amended; and 85 FR 39189).
Program Description Federal credit program to provide credit assistance to creditworthy borrowers for projects to maintain, upgrade, and repair dams identified in the National Inventory of Dams owned by non-Federal entities.
Eligible Uses All qualifying non-Federal dam safety projects under the Army Corps Water Infrastructure Finance and Innovation Program Account program.
Statutory Location Division J, Title III