The Public Works Trust Fund (PWTF) received a historical $127 million investment in the 2021-23 biennial budget. Now, the Public Works Board is accepting applications for construction and pre-construction loans.

City infrastructure systems are a critical part of the larger network that serves and benefits the entire state. AWC has long been focused on maintaining and enhancing state infrastructure funding, advocating that cities support critical development while keeping pace with a growing population that demands safer and more equitable infrastructure.

We know that for every dollar invested in public infrastructure produces at least 2.2 dollars in economic activity. Even greater—for every dollar invested in the PWTF, a match of 5.5 additional dollars comes from other sources.

The Legislature’s investment in the PWTF and city infrastructure helps cities overcome the financial challenges of building and repairing local infrastructure systems. In turn, this benefits our economy, the surrounding environment, and the entire state.

This biennium, the PWTF received the most significant investment in its account since the funds were swept in early 2013. Cities are eligible to apply for the $114 million in construction loans and $10 million in pre-construction loans to finance infrastructure projects such as streets and roads, bridges, domestic water, stormwater, sanitary sewer, and solid waste and recycling. Funds are awarded to projects that pass through the rating threshold based on a competitive ranking process. Emergency construction loan applications will remain open on a first-come, first-served basis until all $5 million set aside for this program is exhausted.

The Public Works Board will host a virtual application workshop on May 19, 2021. The workshop will provide an overview of the traditional programs application process and an opportunity for feedback. Potential applicants are encouraged to register and attend. For more information regarding the loan application cycle, visit the Public Works Board financing webpage or contact Connie Rivera, Traditional Programs Director and Tribal Liaison.