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DOD/COE RIN: 0710-AB58 Publication ID: Fall 2024 
Title: ●Credit Assistance for Water Resources Infrastructure Projects 
Abstract:

In May 2023, the U.S. Army Corps of Engineers (Corps) issued a final rule (88 Fed. Reg. 32661) for a Federal credit assistance program for non-Federal safety projects to maintain, upgrade, and repair dams identified in the National Inventory of Dams with a primary owner type of state, local government, public utility, or private.  The program known as the Corps Water Infrastructure Financing Program (CWIFP) is authorized under Subtitle C of Title V of the Water Resources Reform and Development Act of 2014. CWIFP is also referred to as the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA). CWIFP, or 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' costs. Division D, Title 1 of the Consolidated Appropriations Act of 2024 provided funding for projects to construct, maintain, upgrade, and repair levees and ancillary features with a primary owner type of state, municipal, county private, or other non-Federal entity. Consistent with Division D, Title 1 of the Consolidated Appropriations Act of 2024, the Corps is proposing to amend the regulation to incorporate non-Federal levee projects as eligible projects for the existing credit program.

 
Agency: Department of Defense(DOD)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 33 C.F.R. Part 386     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Pub. L. 113-121, 128 Stat. 1322 (2014), as amended    Pub. L. 116-260, 134 Stat. 1355 (2021)    Pub. L 118-42, 138 Stat. 185 (2024)    33 U.S.C. § 3901 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/00/2025 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 0710-AB31, Related to 0710-AB32 
Agency Contact:
Elliott Carman
Department of Defense
108 Army Pentagon, Room 3E419,
Washington, DC 20310-0108
Phone:703 300-2899
Email: elliott.n.carman.civ@army.mil

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