Los Angeles receives $224 million loan from EPA for water recycling project
The United States Environmental Protection Agency has granted a $224 million loan to the City of Los Angeles. The loan will be used to fund a project that aims to purify wastewater and replenish the depleted San Fernando Basin. The project, called The Water Infrastructure Finance and Innovation Act (WIFIA), aims to purify 15.5 million gallons of the city’s wastewater every day, a move that would replenish both the basin and its aquifers – a body of rock that can contain or transmit groundwater.