City of Portland, OR

12/13/2024 | News release | Distributed by Public on 12/13/2024 11:09

Bull Run Treatment project to secure a second WIFIA loan

News Article
The Water Bureau has secured federal financing that provides significant benefits for Portland ratepayers while making important long-term improvements to the Bull Run water system.
Published
December 13, 2024 9:00 am

The Portland Water Bureau secured a Water Infrastructure Finance and Innovation Act (WIFIA) loan from the U.S. Environmental Protection Agency that significantly reduces the cost for ratepayers to build the Bull Run Treatment Projects, saving Portland at least $387 million in repayment costs...

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