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Financing for Environmental Compliance U.S. EPA Office of Compliance. A step-by-step guide to help communities finance environmental infrastructure. Widespread Environmental Infrastructure Needs.
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Financing for Environmental ComplianceU.S. EPA Office of Compliance A step-by-step guide to help communities finance environmental infrastructure
Widespread Environmental Infrastructure Needs • 2002 EPA Gap Analysis - Water and wastewater systems may face a spending gap of more than $300 billion over the next twenty years to make necessary improvements • Communities will need to spend additional funds to maintain and upgrade air and waste municipal infrastructure
Clear Demand For Financial Planning Assistance • Financial planning issues are usually a part of environmental civil judicial cases • DOJ, EPA regions, state partners and communities are requesting financial planning assistance
Goals • Help communities remain in or return to environmental compliance • Improve public health by helping communities create sound financing plans to pay for environmental infrastructure
General Concept • Create an environmental infrastructure financial planning website for municipalities and tribes funding major capital improvements • Direct users to EPA and non-EPA financial and technical resources with specific resources for small municipalities and tribes
Example: Municipal Power Plant Wants Information about Expanding • City officials are considering adding additional infrastructure • Seeking information about rate setting and financial risk • Click on Air Tools and Resources • Click on Financial Assistance • Find link to Environmental Finance Center Network
Example: Municipal Energy Plant Wants Information about Tax Implications
Example: Tribal Community Wants Technical Advice to Construct a Landfill • Tribal community wants information about landfill liners • Also seeks information about how other similarly sized communities resolved waste issues • Click on Waste Tools and Resources • Click on Tribal • Find links to EPA and IHS technical assistance
Example: Tribal Community Needs Technical Advice to Construct a Landfill
Example: Community Wants to Improve a Drinking Water System • Community is low on the State Revolving Fund funding list • Seeks funding sources starting with grants • Going through the eight step financial planning process • Click on Step Seven, Financial Options • Click on Grants • Find link to water grant resources
Next Steps • The Web site can be found at: http://www.epa.gov/compliance/assistance/financing • Will continue to make changes to the site as new information becomes available
Cassandra Rice 1200 Pennsylvania Ave, NW MC 2224A Washington, DC 20460 202-564-4057 rice.cassandra@epa.gov Tom Ripp 1200 Pennsylvania Ave, NW MC 2224A Washington, DC 20460 202-564-7003 ripp.tom@epa.gov Contacts