Merkley, Wyden Championed Key Provisions for Oregon
Oregon’s Senators Jeff Merkley and Ron Wyden announced today that the House and Senate have passed the Water Resources Development Act (WRDA), which includes key job creation and funding opportunities for Oregon communities. The legislation previously passed the Senate Environment and Public Works Committee in April and the Senate in September; it will now be signed into law by the President.
In particular, the Senators highlighted that the bill would make permanent a provision ensuring that small ports in Oregon and elsewhere receive funding from the Harbor Maintenance Trust Fund (HMTF). The bill also helps channel $20 million in funding for the Water Infrastructure Finance and Innovation Act (WIFIA), which Senator Merkley developed to help local communities finance safe drinking and wastewater infrastructure projects. The $20 million in initial funding could leverage over $200 million in low-interest loans for communities to finance safe drinking and wastewater infrastructure projects.
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