Feds to Fund $7.5B Credit Aid for Dam Projects
WASHINGTON—The U.S. Army Corps of Engineers reported on Sept. 20 that it is accepting applications for a new $7.5-billion credit assistance program, the Corps Water Infrastructure Financing Program (CWIFP), for dam safety projects. By providing low-cost, long-term, flexible loans for dam safety projects, the CWIFP will accelerate non-federal investment in the nation’s dam infrastructure.
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