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DOD/COE RIN: 0710-AB31 Publication ID: Spring 2022 
Title: Credit Assistance for Water Resources Infrastructure Projects 
Abstract:

The U.S. Army Corps of Engineers (Corps) proposes to implement a new credit program for dam safety work at non-Federal dams.  The program is authorized under the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA) and Division D, title 1 of the Consolidated Appropriations Act of 2020. WIFIA authorizes the Corps to provide secured (direct) loans and loan guarantees (Federal Credit instruments) to eligible water resources infrastructure projects and to charge fees to recover all or a portion of the Corps' cost of providing credit assistance and the costs of conducting engineering reviews and retaining expert firms, including financial and legal services, to assist in the underwriting and servicing of Federal credit instruments. Projects would be evaluated and selected by the Secretary of the Army (the Secretary) based on the requirements and the criteria described in this rule.

 
Agency: Department of Defense(DOD)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 33 CFR 386   
Legal Authority: Pub. L. 114-94    Pub. L. 114-322    Pub. L. 115-270    33 U.S.C. 3901   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/00/2022 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: No 
Related RINs: Merged with 0710-AB32 
Agency Contact:
Aaron Snyder
Department of Defense
U.S. Army Corps of Engineers
441 G Street NW,
Washington, DC 20314
Phone:651 290-5489
Email: aaron.m.snyder@usace.army.mil