America's Engineers: The People, Programs, and Projects of the U.S. Army Corps of Engineers

Page 30

CORPS WATER INFRASTRUCTURE FINANCING PROGRAM

Michael Connor, assistant secretary of the Army for Civil Works, signs the notice of funding availability (NOFA) for CWIFP surrounded by USACE employees and stakeholders at Anderson Dam in Morgan Hill, California, June 21, 2023. PHOTO COURTESY OF VALLEY WATER

USACE Launches $7.5 Billion Financing Program The Corps Water Infrastructure Financing Program has $7.5 billion in financing available to support non-federal dam infrastructure investments across the United States.

T

he U.S. Army Corps of Engineers (USACE) has established a new federal credit program – referred to as the Corps Water Infrastructure Financing Program (CWIFP) – that will provide credit assistance to non-federal dam safety projects. CWIFP, opened to the public in September, is providing lowcost, long-term, flexible financing options to support investments in the nation’s non-federal dams. This program will accelerate non-federal investment and enable

BY NATHAN CAMPBELL

26 I AMERICA’S ENGINEERS

significant improvements to the nation’s dam infrastructure. “Aging infrastructure causes significant challenges to all levels of government, in particular dam infrastructure. This program will have a huge impact on the nation’s dam infrastructure, and will help save local ratepayers and taxpayers by providing long-term, low-cost financing,” said Lt. Gen. Scott A. Spellmon, USACE commanding general. There are more than 88,000 non-federal dams in the United States, and most of these dams are on average more than 50

years old. According to a recent Association of State Dam Safety Officials (ASDSO) report titled, “The Cost of Rehabilitating Dams in the U.S.: A Methodology and Estimate,” the number of high hazard-potential dams, where loss of life is probable should the dam fail, has increased almost 20% over the past 10 years, to more than 16,000. From January 2005 to June 2013, states reported 173 dam failures and 587 “incidents” representing episodes that, without intervention, would likely have resulted in a failure. To help tackle this challenge, USACE published the final implementation rule in the Federal Register (www.federalregister. gov/documents/2023/05/22/2023-10520/ credit-assistance-and-related-fees-for-water-resources-infrastructure-projects) in May 2023 and now, through the publication of the first CWIFP Notice of Funding Availability (NOFA) (www.federalregister. gov/documents/2023/09/20/2023-20286/ notice-of-funding-availability-for-applications-for-credit-assistance-under-the-corps-water), USACE is ready to accept applications at www.usace.army.mil/ CWIFP for credit assistance. “The Corps Water Infrastructure Financing Program provides a new and significant tool that can be used to keep the nation’s infrastructure resilient and dependable for multiple generations. As we deal with unprecedented climate challenges that require robust and effective infrastructure, this new financing program will enable continued investment by our local communities in their infrastructure,” said Michael Connor, the assistant secretary of the Army for Civil Works. As detailed in the NOFA, this competitive solicitation will be open for 90 days, and is a no-cost opportunity for non-federal entities to request financing from USACE to support safety projects


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Articles inside

Interview: Lt. Gen. Scott A. Spellmon, Commanding General and Chief of Engineers

16min
pages 14-16, 18-19

America's Engineers: The People, Programs, and Projects of the U.S. Army Corps of Engineers

18min
pages 20-21, 24-26, 28

USACE Launches $7.5 Billion Financing Program

6min
pages 30-31

ADVANCING INTERDISCIPLINARY ENGINEERING SOLUTIONS FOR CRITICAL INFRASTRUCTURE CHALLENGES

7min
pages 32-34

USACE Buffalo District Constructs Emerald Shiner Passage Structure

3min
page 35

National Roofing Program Inspects Army Reserve Facilities Following Hurricane Ian

5min
pages 36-38

Pittsburgh District Breaks Ground on First Step in Updating Aging Navigation System on Upper Ohio River

5min
pages 39-41

Building Momentum: Bipartisan Infrastructure Law

11min
pages 42-45

Corps of Engineers Builds Underwater Sill in Mississippi River to Slow Saltwater Intrusion During Low Water Conditions

5min
pages 46-47

Mississippi River Drought Affects Navigation

4min
pages 48-49

USACE Hosts Reciprocal Mekong River Commission Exchange Visit

5min
pages 50-51

USACE Project Receives National Academy of Construction Award

3min
page 54

USACE Team Fights Floods in New England

5min
pages 56-57

New Explosive Ordnance Disposal Technology Complex Aims to Save Lives

5min
pages 58-59

PRESERVING INFRASTRUCTURE DELIVERS SUSTAINABILITY

10min
pages 60-63

Omaha District Completes First Construction Project Under Tribal Partnership Program

6min
pages 64-67

From a Bogey to Birdies, From Fairway to Flyway – Golf Course Gets a Mulligan, Converts to Habitat

4min
pages 68-69

Military and International Operations: USACE’s Founding Mission

16min
pages 70-75

TECHFLOW’S PIONEERING INNOVATION SHAPES THE FUTURE OF EV CHARGING FOR THE U.S. MILITARY

6min
pages 76-77

America's Engineers: The People, Programs, and Projects of the U.S. Army Corps of Engineers

11min
pages 78-81

Army Engineers Finalizing the U.S. Military’s $10.7 Billion Relocation Effort in South Korea

5min
pages 82-83

Army Engineers Construct Half a Billion Dollars in Family Housing Towers on Camp Humphreys

5min
pages 84, 86-87

Charleston District Teams up With Other Agencies for Nonstructural Flood Risk Management Project

4min
pages 88-89

New Barricade to Provide Vital Security at Savannah River Site

3min
page 90

America's Engineers: The People, Programs, and Projects of the U.S. Army Corps of Engineers

4min
pages 93-94

Environmental Remediation: USACE Expertise in High Demand

14min
pages 94-99

RISING HERO OF RESILIENCY

5min
pages 100-101

USACE Lowers Isabella Dam Risk Rating, Lifts Operating Restrictions After Unveiling Dam Improvements

5min
pages 102-103

LA District Preps for Hurricane Hilary, Keeps Public Safe, Captures Water from Storm

7min
pages 104-105

Multiple Agencies Collaborate to Provide Homeless Individuals Shelter Before Tropical Storm

5min
pages 106-107

Forecast Informed Reservoir Operations

16min
pages 108-113

USACE Supports the Fort Cavazos Safety Day Event

4min
pages 114-115

USACE Relies on Strong Partnerships With Its Customers, and Large and Small Businesses, to Deliver Quality Engineering Solutions

4min
pages 116-117

SWF Hosts Emergency Management Public Law 84-99 Outreach Session

2min
page 118

America's Engineers: The People, Programs, and Projects of the U.S. Army Corps of Engineers

12min
pages 119-120, 122-123

Strong Partnerships a Catalyst for Innovation

8min
pages 123-124

USACE Offers Planning Support to Mission Partners Around the Globe

4min
page 125

Engineering in the Cloud

8min
pages 126-127

Software Wins Innovation Award for Predictive Flooding Capabilities Following Fires

8min
pages 128-130

CRIDA Gets French and Arabic Translations

2min
page 130

Logistics Activity Supports Typhoon Mawar Response

5min
pages 131-132

Logistics Support Team Members Participate in Emergency Response Training

6min
pages 133-134

USACE Researchers Looking for Solutions to Great Lakes Water Quality Issues

5min
pages 135-136

ERDC Assists the New England District in the Management of Hydrilla

4min
pages 137-138

249th Engineer Battalion Powers Through Multiple Recovery Efforts

5min
pages 139-140
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