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EPA/OW RIN: 2040-AF64 Publication ID: Fall 2016 
Title: ●Fees for Water Infrastructure Project Applications Under the Water Infrastructure Finance and Innovation Act 
Abstract:

EPA is proposing this rule to establish fees for applying for federal credit assistance under the Water Infrastructure Finance and Innovation Act (WIFIA) program. As specified under 33 U.S.C. sections 3908(b)(7), 3909(b), and 3909(c)(3), EPA is authorized to charge fees to recover all or a portion of the Agency's cost of providing credit assistance and the costs of retaining expert firms, including counsel, in the field of municipal and project finance to assist in the underwriting and servicing of Federal credit instruments. EPA is proposing an initial application fee, credit processing fee, and servicing fee and is seeking comment on these.

 
Agency: Environmental Protection Agency(EPA)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: TBD     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 33 U.S.C. 3901 et seq. WRDDA   
Legal Deadline:  None

Statement of Need:

EPA is proposing to establish fees for applying for federal credit assistance under the Water Infrastructure Finance and Innovation Act (WIFIA) program. As specified under 33 U.S.C. sections 3908(b)(7), 3909(b), and 3909(c)(3), EPA is authorized to charge fees to recover all or a portion of the Agency's cost of providing credit assistance and the costs of retaining expert firms, including counsel, in the field of municipal and project finance to assist in the underwriting and servicing of Federal credit instruments. EPA is proposing an initial application fee, credit processing fee, and servicing fee and is seeking comment on these.

Summary of the Legal Basis:

The Water Infrastructure Finance and Innovation Act (WIFIA) program authorizes EPA to provide secured (direct) loans and loan guarantees to eligible water infrastructure projects. WIFIA was passed as part of the Water Resources Reform and Development Act of 2014, Pub. L. 113-121. The fees are specified under 33 U.S.C. sections 3908(b)(7), 3909(b), and 3909(c)(3).

Alternatives:

To Be Determined

Anticipated Costs and Benefits:

To Be Determined

Risks:

To Be Determined

Timetable:
Action Date FR Cite
NPRM  11/00/2016 
Final Rule  07/00/2017 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: No 
Related RINs: Related to 2040-AF63 
Agency Contact:
Jordan Dorfman
Environmental Protection Agency
Office of Water
4204M, 1200 Pennsylvania Avenue NW,
Washington, DC 20460
Phone:202 564-0614
Email: dorfman.jordan@epa.gov

Karen Fligger
Environmental Protection Agency
Office of Water
4204M, 1200 Pennsylvania Avenue, NW,
Washington, DC 20460
Phone:202 564-2992
Email: fligger.karen@epa.gov