Stimulus Legislation Small Step Forward In Addressing Water NeedsFebruary 18, 2009
President Barack Obama recently signed into law an economic stimulus bill
that provides $2B for drinking water projects and $4B for wastewater
projects. American Water Works Association (AWWA) Executive Director Gary
Zimmerman issued the following statement.
"For communities seeking to repair or replace critical water infrastructure, today's signing represents and important step forward in addressing a growing national challenge. The more than $6B committed for water and wastewater needs will push forward projects critical to our nation's public health protection, fire protection, economic strength and our overall quality of life. While the funds committed represent only a tiny fraction of the need, AWWA is optimistic that the investment in water will jump-start many critical projects and create hundreds of thousands of new jobs. From this perspective, the glass is certainly half full. We applaud Congress's decision to waive requirements that states provide matching funds, which would be difficult in today's economic climate and will speed distribution of funds. It also makes good sense to give priority to projects that can begin construction within a year, giving utilities necessary time to complete construction plans or obtain environmental permits. These funds will be distributed through State Revolving Loan Fund programs with at least half being issued as grants, negative-interest loans or similar no-cost financing tools. AWWA will actively assist its members in understanding how to apply for and secure these funds, including offering a free webcast at 1 p.m. EDT Feb. 26. One of the hopeful upshots of a recession is that we are all forced to pay attention to things that matter most in our daily lives. The renewed focus on water infrastructure has helped bring the conversation about our buried water pipes above ground. Hopefully, this increased public awareness of the need to reinvest in water infrastructure will make us all better stewards of our water resources and systems." For more information on AWWA's efforts associated with economic recovery legislation, visit www.awwa.org/jobcreation. About AWWA SOURCE: American Water Works Association
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