A new law went into effect on 1 October, 2014 allowing private sector companies to obtain CWSRF loans to construct onsite industrial water reuse projects for the first time. This is good news for commercial, industrial, and institutional water users looking to treat and reuse water onsite as a means of increasing the reliability of water supplies and achieving sustainability goals.
The 2014 Water Resources Reform and Development Act (WRRDA) was signed into law on June 10, 2014 with the goal of helping to modernize the nation’s water infrastructure. WRRDA also allows privately owned water reuse facilities access to government subsidized loans for the first time. While public water utilities have long had access to government subsidized financing through the CWSRF, industries have had to finance their industrial water treatment and reuse systems primarily through a combination of commercial loans and the issuance of corporate bonds.
Download the whitepaper here.