EPA Boosts Calif. State Revolving Fund by $609M

The U.S. Environmental Protection Agency (EPA) has announced more than $609 million in capitalization grants, through State Revolving Funds (SRFs), to California for water infrastructure improvements. The grants will supplement the state’s annual base SRF of $144 million. The capitalization grants mark the first significant distribution of water infrastructure investments to California following passage of the Bipartisan Infrastructure Law. The law allocates more than $50 billion toward water infrastructure.