Is EPA WIFIA a Mandatory Program?


Well? What does it look like?

Yes, you need a little bit of discretionary spending to cover the trivial credit risk of loan commitments and pay for program admin. But after that, the real purpose of the program (free interest rate options for large water systems) operates with FCRA re-estimates and permanent indefinite authority to incur unlimited mandatory appropriations.

POSIWID – the purpose of a system is what it does, no?