Description
The Water Infrastructure Finance and Innovation Act of 2014 (WIFIA) established a federal credit program administered by EPA. WIFIA authorizes EPA to provide loans to eligible water infrastructure projects. After a loan is closed, WIFIA’s portfolio management team leads individual transactions from closing to final maturity (this can be 35+ years). Portfolio management responsibilities are numerous but generally are intended to achieve the following critical objectives:
• monitor portfolio risk and compliance,
• track key loan requirements, information and status,
• document and track disbursements, repayments, and related accounting actions,
• maintain and document borrower communication, and
• maintain robust loan-specific and portfolio-wide metrics reporting capabilities.
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Tags
- structure
- loan
- drinking-water
- united-states
- utilitiescommunication
- infrastructure
- finance
- water