Program Information


Informational webinar

Find out more about the CWIFP loan program including: eligibility, benefits, and how to apply.

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Webinar Presentation PDF

CWIFP logo: a waterdrop over a green circle. Text reads: Corps Water Infrastructure Financing Program, an innovative approach to project financing.


Benefits to borrowers through the Corps Water Infrastructure Financing Program (CWIFP) include:

Arrow pointing downward Low interest rates. Rates are near U.S. Treasury rates and will not be impacted by borrower credit or loan structure.
Emergency sign with an X over it No interest rate risk. Rates are locked at the time of loan closing and fixed for the life of the loan.
A clock and coins No negative arbitrage. Interest accrues only once funds have been disbursed.
Calendar Customized repayment schedules. Repayment schedules can be structured to match anticipated cash flows over the life of the loan.
Clock with an arrow around it Long repayment periods. Repayment periods of up to 35 years after completion of construction.
Hourglass Deferred payments. Payments can be deferred through the construction period up to five years after completion of the project.
Money with an X over it No prepayment penalty. Loans can be prepaid at any time without penalty.





May, 31, 2024 - A waiver of BABA requirements of manufactured products for CWIFP awards was executed on May 31st by the Assistant Secretary of the Army (for Civil Works), Mr. Michael Conner.  This waiver is applicable for one year for projects that initiated design planning prior to May 14, 2022, the effective date of BABA.