1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i U.S. Army Corps of Engineers Civil Works Infrastructure Financing Program (CWIFP): Status and Issues Updated May 3, 2022 In the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA 2014, Title V, Subtitle C of P.
2、L. 113-121; 33 U.S.C. 3901-3914, as amended), Congress authorized the U.S. Army Corps of Engineers (USACE) to provide credit assistance to specified eligible entities, in the form of secured or direct loans, for water resource projects. WIFIA 2014 authorized an analogous program for the U.S. Environ
3、mental Protection Agency (EPA) for water projects outside of USACE mission areas (see CRS In Focus IF11193, WIFIA Program: Background and Recent Developments). This Insight focuses on the USACE program, which USACE refers to as the Civil Works Infrastructure Financing Program (CWIFP). Congress first
4、 funded USACEs program in FY2021 through Division D of the Consolidated Appropriations Act, 2021 (P.L. 116-260). In that act, Congress created a WIFIA account for USACEs CWIFP and provided $14.2 million$2.2 million for program administration and $12.0 million to support credit assistance for nonfede
