Water Finance Exchange (WFX) has been awarded significant funding from the Global Water Challenge (GWC) to support the provision of clean water access and technical assistance in communities across four US Southern and Southeastern states.
GWC’s funding for this program is made possible through the generosity of the Kohler Trust for Clean Water (KTCW), with the mission to help people get the quantity and quality of water they need using solutions that minimize impact on the environment and build community resiliency to the impacts of climate change. The KTCW is committed to “last mile” safe water access across the US.
WFX will utilize the funding to provide comprehensive technical assistance work in approximately 25 underserved communities across Texas, Alabama, Mississippi, and Tennessee. When work is completed in 2027, WFX estimates that the funding will improve water access for over 370,000 people in these “last mile” communities and unlock over $33MM in financing for key water and sanitation infrastructure improvements. Today, these communities face major health and economic hurdles due to socioeconomic constraints and environmental challenges, such as inadequate water resources, drought, or outdated and failing infrastructure, which compound their inability to access funding and financing for essential infrastructure that can support their economy and quality of life. WFX’s tailored, community-first technical and financial assistance approach allows each community’s unique needs to be addressed through infrastructure and financing solutions developed in partnership with the community. To date, WFX has helped US communities unlock over $300MM in financing through its technical assistance approach.