Federal Independent Agencies
Here's a look at documents from federal independent agencies
Featured Stories
OneGov Saves Taxpayers $1.1 Billion in First Year
WASHINGTON, April 29 -- The General Services Administration issued the following news release:
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OneGov Saves Taxpayers $1.1 Billion in First Year
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GSA transforms federal tech buying through unified purchasing power
Today, the U.S. General Services Administration (GSA) announced OneGov saved taxpayers $1.1 billion in its first year by revolutionizing how the federal government buys technology. The Trump Administration initiative consolidated fragmented IT purchasing across agencies into 20 unified agreements with major vendors.
"GSA's OneGov deals are the driving force behind President
... Show Full Article
WASHINGTON, April 29 -- The General Services Administration issued the following news release:
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OneGov Saves Taxpayers $1.1 Billion in First Year
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GSA transforms federal tech buying through unified purchasing power
Today, the U.S. General Services Administration (GSA) announced OneGov saved taxpayers $1.1 billion in its first year by revolutionizing how the federal government buys technology. The Trump Administration initiative consolidated fragmented IT purchasing across agencies into 20 unified agreements with major vendors.
"GSA's OneGov deals are the driving force behind PresidentDonald Trump's Executive Order to consolidate procurement and the White House AI Action Plan," said GSA Administrator Edward C. Forst. "Saving $1.1 billion in just one year shows the power of buying at scale-empowering federal agencies faster while aggressively safeguarding taxpayer dollars."
GSA secured software discounts up to 90% from leading providers like Microsoft, Adobe, Google, ServiceNow and many more. The initiative also significantly accelerated AI adoption across government - with some agencies paying less than $1 per agency.
"Our contracting professionals freed other agencies to focus on their missions," said Acting Federal Acquisition Service Commissioner Laura Stanton. "We saved taxpayer money, boosted AI adoption, protected IT infrastructure, and advanced modernization."
OneGov also strengthened cybersecurity through standardized contract terms and reduced administrative burden across agencies.
Looking ahead, GSA plans to build on the momentum of the OneGov initiative by extending agreements, expanding access to services, deepening collaboration and laying the groundwork for more scalable AI infrastructure across the government.
View current OneGov agreements.
About GSA : GSA provides centralized procurement and shared services for the federal government. GSA manages a nationwide real estate portfolio of approximately 360 million rentable square feet, oversees more than $126 billion in products and services via federal contracts, and delivers technology services to millions of people across dozens of federal agencies. GSA's mission is to deliver exceptional customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit GSA.gov and follow us at @USGSA.
Contact
press@gsa.gov
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Original text here: https://www.gsa.gov/about-us/newsroom/news-releases/onegov-saves-taxpayers-11-billion-in-first-year-04292026
NTSB Names New Directors of Highway Safety and Research and Engineering Offices
WASHINGTON, April 29 -- The National Transportation Safety Board issued the following news release on April 28, 2026:
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NTSB Names New Directors of Highway Safety and Research and Engineering Offices
The NTSB announced Tuesday the promotion of Dave Helson to director of the agency's Office of Highway Safety and named Akbar Sultan as the director of the Office of Research and Engineering.
The highway safety office investigates crashes on U.S. roadways that have significant safety implications nationwide, highlight national safety issues or generate high interest because of emerging technologies.
The
... Show Full Article
WASHINGTON, April 29 -- The National Transportation Safety Board issued the following news release on April 28, 2026:
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NTSB Names New Directors of Highway Safety and Research and Engineering Offices
The NTSB announced Tuesday the promotion of Dave Helson to director of the agency's Office of Highway Safety and named Akbar Sultan as the director of the Office of Research and Engineering.
The highway safety office investigates crashes on U.S. roadways that have significant safety implications nationwide, highlight national safety issues or generate high interest because of emerging technologies.
Theresearch and engineering office provides scientific and technical expertise for NTSB accident investigations in all modes of transportation. It is responsible for downloading and analyzing flight recorders and other electronic devices, metallurgy, fire research and creating computer animations and simulations of crash sequences.
"The NTSB's strength is its people, and Dave Helson and Akbar Sultan exemplify the dedication and expertise that drive our safety mission forward," Chair Jennifer Homendy said. "Their experience in investigations, transportation safety, and emerging technologies will further the NTSB's work to improve safety and prevent future accidents."
Dave Helson
Helson joined the NTSB in 2008 as an operational factors investigator in the Office of Aviation Safety and has held several leadership roles including senior air safety investigator, senior aviation accident investigator in the Air Carrier and Space Investigations Division and most recently, as the deputy director of the Office of Aviation Safety.
Before joining the NTSB, Helson held leadership roles in the commercial aviation industry including initial cadre check airman, fleet manager, supervisor of training, FAA aircrew program designee and instructor and check airman. He also flew as a line captain and first officer in airline and charter operations. Helson earned a bachelor's degree in aeronautical technology from Arizona State University.
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Akbar Sultan
Sultan joins the NTSB with 26 years of experience at NASA where his work focused on aviation safety and the development and national implementation of advanced air traffic control technologies. Most recently he served as director of NASA's Airspace Operations and Safety Program.
While at NASA, Sultan oversaw cross-functional teams across four research centers, leading advanced work in aviation safety, predictive safety analytics, autonomy, airspace operations, and the integration of emerging technologies like advanced air mobility and uncrewed aircraft systems. He spearheaded NASA's "Sky for All" midcentury vision to create scalable, adaptive systems for an increasingly complex national airspace. Akbar also played a key role in aviation collaboration, co-leading NASA-FAA Research Transition Teams to move major technologies into FAA implementation and representing NASA on multiple national aviation safety and advisory committees.
Sultan is an associate fellow of the American Institute of Aeronautics and Astronautics and a fellow of the Royal Aeronautical Society. He earned two bachelor's degrees from University of California, Davis in mechanical engineering and aeronautical science and a master's degree in aerospace engineering from San Jose State University.
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To report an incident/accident or if you are a public safety agency, please call 1-844-373-9922 or 202-314-6290 to speak to a Watch Officer at the NTSB Response Operations Center (ROC) in Washington, DC (24/7).
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Original text here: https://www.ntsb.gov/news/press-releases/Pages/NR20260428.aspx
Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026
WASHINGTON, April 29 -- Fannie Mae issued the following news release:
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Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026
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Company Will Host Webcast at 8 A.M. Eastern to Discuss Results
Fannie Mae (FNMA/OTCQB) today reported its first quarter 2026 financial results and filed its First Quarter 2026 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2026. The following documents are now available on Fannie Mae's website at fanniemae.com/financialresults.
* Press release
... Show Full Article
WASHINGTON, April 29 -- Fannie Mae issued the following news release:
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Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026
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Company Will Host Webcast at 8 A.M. Eastern to Discuss Results
Fannie Mae (FNMA/OTCQB) today reported its first quarter 2026 financial results and filed its First Quarter 2026 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2026. The following documents are now available on Fannie Mae's website at fanniemae.com/financialresults.
* Press release1Q 2026 financial results
* Fannie Mae's Form 10-Q for the quarter ended March 31, 2026
* 1Q 2026 Earnings Presentation
* 1Q 2026 Financial Supplement (PDF)
* 1Q 2026 Financial Supplement (XLS)
Fannie Mae has scheduled a webcast to discuss the company's results today at 8:00 a.m., ET. Participants may join the webcast via the link below. Following the webcast, a transcript will be published to the financial results webpage and will remain available for approximately one year.
Webcast link: https://event.webcasts.com/starthere.jsp?ei=1755979&tp_key=3d51ab615d
Click on the link above to attend the presentation from your laptop, tablet, or mobile device. The webcast will stream through your selected device. If you have difficulty accessing the webcast, please click the "Listen by Phone" button on the webcast player and dial the number provided.
Media Contact
Matthew Classick
202-752-3662
Investor Contact
Yasaman Hekmat
800-232-6643 (Option 3)
TOPICS
* Fannie Mae Corporate
* Financials
***
Original text here: https://www.fanniemae.com/newsroom/fannie-mae-news/first-quarter-2026-financial-results
Fannie Mae First Quarter 2026 Financial Results Webcast
WASHINGTON, April 29 -- Fannie Mae issued the following news release:
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Fannie Mae First Quarter 2026 Financial Results Webcast
Adapted from comments delivered by Peter Akwaboah, Acting Chief Executive Officer and Chief Operating Officer, and Chryssa C. Halley, Chief Financial Officer, Fannie Mae, Washington, D.C.
Fannie Mae Moderator:
Good day, and welcome to the. At this time, I will now turn it over to your host, Terence O'Hara, Fannie Mae's Director of Enterprise Communications.
Terence O'Hara:
Hello, and thank you for joining today's webcast to discuss Fannie Mae's first quarter
... Show Full Article
WASHINGTON, April 29 -- Fannie Mae issued the following news release:
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Fannie Mae First Quarter 2026 Financial Results Webcast
Adapted from comments delivered by Peter Akwaboah, Acting Chief Executive Officer and Chief Operating Officer, and Chryssa C. Halley, Chief Financial Officer, Fannie Mae, Washington, D.C.
Fannie Mae Moderator:
Good day, and welcome to the. At this time, I will now turn it over to your host, Terence O'Hara, Fannie Mae's Director of Enterprise Communications.
Terence O'Hara:
Hello, and thank you for joining today's webcast to discuss Fannie Mae's first quarter2026 financial results. Please note this webcast includes forward-looking statements, including expectations related to housing market, economic, and competitive conditions and their impact; the future performance and credit characteristics of the company's book of business; the company's future financial performance; and the company's future plans and their impact. Future events may turn out to be very different from these statements.
Factors that may lead to different results are identified in the "Forward-Looking Statements" section of the company's First Quarter 2026 Form 10-Q, filed today, and the "Forward-Looking Statements" and "Risk Factors" sections of the company's 2025 Form 10-K, filed February 11, 2026.
A recording of this webcast may be posted on the company's website. We ask that you do not record this webcast for public broadcast, and that you do not publish any full transcript.
I'd now like to turn the call over to Fannie Mae's Acting Chief Executive Officer and Chief Operating Officer, Peter Akwaboah, who will be followed by Fannie Mae Chief Financial Officer Chryssa C. Halley.
Peter Akwaboah:
Good morning, and thank you for joining us today.
1Q 2026 Key Highlights
We opened the year strong, posting first quarter net income of $3.7 billion, up 5% quarter-over-quarter and up 2% year-over-year, with stable net revenues of $7.3 billion. This performance drove our net worth to $112.7 billion and reflects the sustained health of our guaranty business, the discipline of our execution, and the strength of our balance sheet.
At Fannie Mae, our mission guides how we operate, which is especially important today as the macroeconomic environment is adding uncertainty to an already challenging housing market. We are closely monitoring these dynamics and are confident in our ability to operate efficiently and respond as conditions evolve. We remain focused on providing uninterrupted liquidity in all economic cycles to support stability and affordability to the U.S. housing market.
We made solid progress on our key priorities. We built on the operational efficiency progress we outlined last quarter. Our expense management efforts helped drive stronger results, including lower administrative expenses this quarter. We maintained support of the secondary mortgage market through increased MBS purchases. And we delivered targeted process and technology updates to address industry pain points, expand access, and strengthen our role as a preferred business partner. And since quarter end, we enabled two new credit score models, including immediate use of VantageScore 4.0, to support affordability and access through industry innovation and competition.
Together, these actions enable us to deliver on our mission. During the first quarter, we provided $116 billion of liquidity, helping approximately 385,000 households to buy, refinance, or rent a home. We also assisted borrowers through foreclosure prevention solutions, allowing more than 24,000 homeowners to remain in their homes, highlighting how our role extends beyond housing access.
We are proud of the positive impacts we are making for households across America. With that, I'll turn it over to Chryssa Halley, our Chief Financial Officer, to walk through our financial results.
Chryssa C. Halley:
Thank you, Peter, and good morning, everyone.
Before discussing our first quarter financial results, I want to briefly address the economic and market environment. Although the markets experienced increased volatility towards the end of the quarter, these developments did not materially impact our first quarter results, and we are closely monitoring factors that could influence the credit performance of our guaranty book. We believe our strong credit profile, $112.7 billion in net worth, and risk management capabilities position us to manage through periods of increased uncertainty.
1Q 2026 Financial Summary
Turning to our first quarter performance on page 2 of the earnings presentation, we earned net income of $3.7 billion, a 5% increase from the prior quarter. Our core guaranty business drove strong net revenues in the first quarter, with $5.9 billion in guaranty fee revenue accounting for 81% of net revenues. We earn these guaranty fees in exchange for providing credit protection on mortgage-backed securities we issue in the secondary market.
Our first quarter performance also benefited from lower non-interest expense, as recent cost reduction actions translated into savings. Non-interest expense declined 8% quarter-over-quarter and 16% year-over-year, reducing the administrative expense ratio from 12.6% in the fourth quarter of 2025 to 10.2% in the first quarter.
Turning to the other components of pre-tax income, other losses in the first quarter were driven by investment losses on purchases of Fannie Mae MBS for our retained mortgage portfolio, and the $277 million credit loss provision included both single-family and multifamily provisions.
Finally, to evaluate our financial performance and capital efficiency, we calculate an illustrative return on required equity measure, based on annualized year-to-date net income divided by our average Common Equity Tier 1 capital requirement. The first quarter illustrative return was 10.4%, an increase of 20 basis points from the prior quarter.
Guaranty Book and Net Interest Income
Page 3 highlights the size and stability of our guaranty business, driven by our $4.1 trillion guaranty book. At the end of 2025, we remained the largest guarantor of residential mortgage debt outstanding in the U.S., backing an estimated 24% of single-family and 21% of multifamily mortgage debt outstanding. While guaranty fee revenue continues to drive a substantial majority of our net interest income, our portfolio income also increased 2% quarter-over-quarter and 9% year-over-year. I will discuss our portfolios further on page 14.
Net Interest Margin
On page 4, our net interest margin increased slightly from 2025 levels. Our total guaranty book continued to reprice higher in the first quarter, as higher average guaranty fees in our larger Single-Family business outweighed a decline in average guaranty fees in the Multifamily business. I will discuss key factors that impact pricing when I discuss our business segment results.
Select Credit Metrics
Turning to our credit metrics on page 5, single-family credit performance was relatively stable quarter-over-quarter, and our single-family serious delinquency rate remained near historically low levels. Our multifamily serious delinquency rate increased in the first quarter as additional loans became seriously delinquent due to sustained market challenges in recent periods.
Allowance for Credit Losses
On page 6, we highlight offsetting impacts that resulted in a flat allowance quarter-over-quarter. We built our single-family allowance by $14 million, with $89 million in net charge-offs more than offset by a $103 million provision for credit losses. And we reduced our multifamily allowance by $14 million, with $188 million in net charge-offs, which drove the net charge-off ratio 7 basis points higher than the prior quarter. The impact of these net charge-offs on the multifamily allowance was largely offset by a $174 million provision for credit losses, primarily driven by an increase in loan delinquencies and weakened property valuations on certain problem loans.
Non-Interest Expense
On page 7, our first quarter administrative expense was 19% lower quarter-over-quarter and 25% lower year-over-year, driven by recent actions to reduce our workforce, spending on contractors and consultants, and our real estate footprint.
While our results may vary from quarter to quarter, we are committed to sustaining a smaller cost base by remaining focused on operational efficiency, including by automating manual processes and increasing productivity with AI.
Regulatory Capital
On page 8, we discuss the drivers of our regulatory capital requirements. Risk-weighted assets and risk density increased quarter-over-quarter, driven by market risk from retained mortgage portfolio growth, credit risk on new acquisitions, and less capital relief from credit risk transfer, or CRT, transactions. Our CET 1 capital requirement declined in the first quarter as an increase in the minimum requirement was more than offset by a $3 billion reduction in the stability capital buffer, which is recalibrated annually.
Net Worth and Regulatory Capital
On page 9, we highlight our success in continuing to build our net worth and make progress towards meeting our capital requirements. Since January 2020, we have increased our net worth by $99 billion, including $52 billion since we began reporting our capital position under the enterprise regulatory capital framework for the fourth quarter of 2022.
Single-Family Highlights
On page 10, the Single-Family business remained a large, stable contributor to net revenues. In the first quarter, the business acquired $99 billion of loans -the highest quarterly volume since 2022 -and generated $6 billion in net revenues. Base guaranty fee revenue was relatively stable quarter-over-quarter and year-over-year as the guaranty book continued to reprice higher, offsetting the impact of book declines. Although portfolio income was higher in the first quarter, an $86 million increase in hedge accounting expenses resulted in slightly lower net revenues quarter-over-quarter. To wrap up this page, significant reductions in non-interest expense and higher fair value gains in the first quarter, partially offset by higher investment losses, resulted in higher net income quarter-over-quarter and year-over-year.
Credit Characteristics of Single-Family Acquisitions
Page 11 reinforces the strong credit quality of our single-family acquisitions in the first quarter. Weighted-average OLTV declined slightly given the higher share of refinance acquisitions in the first quarter, while weighted average FICO scores remained stable quarter-over-quarter at 757. Finally, the share of our first quarter single-family acquisitions with DTI greater than 43% declined 2 percentage points from 2025 levels to 34%, driven by a higher share of refinance activity in the first quarter.
Multifamily Highlights
Turning to page 12, Multifamily continued to price business competitively to deliver $17 billion in new business volume and grow the guaranty book to $542 billion in the first quarter. This growth supported relatively stable multifamily guaranty fee revenue quarter-over-quarter, despite a lower average guaranty fee charged on the multifamily guaranty book. As a reminder, to price our Multifamily business, we consider many factors, including individual loan characteristics and external forces, such as interest rates, MBS spreads, the availability and cost of other sources of liquidity, and our mission-related goals.
Despite the strength of multifamily net revenues, the higher first quarter provision for credit losses and shift from other gains to other losses drove multifamily net income lower quarter-over-quarter and year-over-year.
Multifamily Credit Characteristics and Credit Enhancement
On page 13, we remain focused on maintaining the credit quality of our multifamily guaranty book. Weighted-average debt service coverage and original loan-to-value metrics for both the guaranty book and new acquisitions remained roughly in line with 2025 levels. Also, because of our unique DUS (r) risk-sharing model and our CRT programs, nearly all our multifamily guaranty book had some form of credit protection at quarter-end.
Balance Sheet and Fannie Mae Debt Portfolios
Finally, on page 14, we highlight how we are effectively using our balance sheet as our net worth grows. We grew our retained mortgage portfolio by $36 billion in the first quarter and reduced our corporate liquidity portfolio by $7 billion, reflecting a shift in our portfolio mix towards higher-yielding investments. We also increased long-term debt issuance during the quarter to replace debt scheduled to mature later in the year and to further enhance our liquidity position by taking advantage of favorable market conditions.
Conclusion
To wrap up, our first quarter results underscore the strength of our business model. We benefited from the durability and quality of our $4.1 trillion guaranty book, a leaner cost structure that supported higher earnings, and a strong and growing net worth position. Together, these strengths position us well to navigate market challenges, deliver solid results, and continue supporting the U.S. housing market.
Thank you again for joining today's webcast.
Fannie Mae Moderator:
Thank you, everyone. That concludes today's webcast. You may disconnect.
Fannie Mae's April 29, 2026 webcast includes forward-looking statements, including expectations relating to: housing market, economic and competitive conditions and their impact; the future performance and credit characteristics of the company's book of business; the company's future financial performance; and the company's future plans and their impact. Actual results and events, and future projections, may turn out to be very different from these statements. Factors that may lead to different results are discussed in "Forward-Looking Statements" in the company's First Quarter 2026 Form 10-Q and in "Forward-Looking Statements," "Risk Factors," and elsewhere in the company's annual report on Form 10-K for the year ended December 31, 2025. The company's forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under the federal securities laws.
TOPICS
* Fannie Mae Corporate
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Original text here: https://www.fanniemae.com/newsroom/fannie-mae-news/first-quarter-2026-financial-results-webcast
FHLBank Chicago Releases 2025 Impact Report, Highlighting Expanded Support for Housing and Community Development Across Illinois and Wisconsin
CHICAGO, Illinois, April 29 (TNSrep) -- The Federal Home Loan Bank of Chicago, a district bank in the Federal Home Loan Bank System, issued the following news on April 28, 2026:
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FHLBank Chicago Releases 2025 Impact Report, Highlighting Expanded Support for Housing and Community Development Across Illinois and Wisconsin
The Federal Home Loan Bank of Chicago (FHLBank Chicago) today released its 2025 Impact Report, highlighting another year of meaningful support for member financial institutions and communities across Illinois and Wisconsin. As housing affordability challenges persisted and
... Show Full Article
CHICAGO, Illinois, April 29 (TNSrep) -- The Federal Home Loan Bank of Chicago, a district bank in the Federal Home Loan Bank System, issued the following news on April 28, 2026:
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FHLBank Chicago Releases 2025 Impact Report, Highlighting Expanded Support for Housing and Community Development Across Illinois and Wisconsin
The Federal Home Loan Bank of Chicago (FHLBank Chicago) today released its 2025 Impact Report, highlighting another year of meaningful support for member financial institutions and communities across Illinois and Wisconsin. As housing affordability challenges persisted andeconomic conditions remained dynamic, FHLBank Chicago continued to provide the liquidity, funding, and community investment programs its over 600 members rely on to drive local impact.
Through human interest stories and data-driven insights, the report illustrates how FHLBank Chicago is Investing in Opportunities--delivering reliable funding, expanding access to affordable housing, supporting economic development, and strengthening its workforce and partnerships.
In 2025, FHLBank Chicago funded $3.3 billion in discounted Community Advances and delivered $106 million in housing and economic development grants--supporting the creation or preservation of more than 14,800 housing units and over 14,700 jobs.
"Housing affordability remains a pressing concern across our district, and our members continue to navigate a complex economic environment," said Michael Ericson, President and CEO of FHLBank Chicago. "In 2025, we remained a trusted partner--providing the liquidity, funding, and community investment resources needed to make a meaningful difference. This report reflects the strength of those partnerships and the impact we are achieving together."
FHLBank Chicago continued to advance housing and community development through its core programs. In 2025, the Affordable Housing Program General Fund helped finance 37 housing projects, while the Downpayment Plus(R) Programs provided $43 million in assistance in partnership with 233 members to help more than 4,500 individuals and families achieve homeownership. Community First(R) grant programs also addressed housing and community development needs across the district, supporting paid internships and fellowships for affordable housing developers and expanding services for low- and moderate-income aspiring homebuyers at 44 housing counseling agencies.
FHLBank Chicago also enhanced its community lending offerings in 2025 by launching a redesigned Community Advance product, streamlining access to discounted funding and expanding eligibility to better support housing and economic development projects.
Beyond funding, FHLBank Chicago strengthened its role as a housing leader by convening partners across Illinois and Wisconsin, including a multi-year collaboration with the Urban Institute to address housing supply challenges and identify data-driven solutions.
FHLBank Chicago also maintained its focus on operational excellence, investing in employee development and organizational capabilities to ensure continued responsiveness, innovation, and resilience for the benefit of its members.
To view the full report and explore the stories behind the numbers, visit fhlbc.com/impact.
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Original text here: https://www.fhlbc.com/news/news-detail/2026/04/28/fhlbank-chicago-releases-2025-impact-report--highlighting-expanded-support-for-housing-and-community-development-across-illinois-and-wisconsin
EPA Announces $406,000 to Protect Waterways from Sewage Overflows in Wyoming
WASHINGTON, April 29 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $406,000 to Protect Waterways from Sewage Overflows in Wyoming
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DENVER - Today, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs across the country. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage, from
... Show Full Article
WASHINGTON, April 29 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $406,000 to Protect Waterways from Sewage Overflows in Wyoming
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DENVER - Today, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs across the country. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage, frompolluting nearby waterways. The agency will provide funding from both fiscal years 2025 and 2026 totaling $406,000 to Wyoming, which will be awarded to communities there.
"Stormwater and sewage systems are critical for managing pollution to keep our nation's waterways clean and support healthy people, economic growth, and thriving ecosystems," said EPA Assistant Administrator for Water Jess Kramer. "This $80 million investment will help states upgrade stormwater management systems to address the threat of aging and inadequate infrastructure."
"These sewer overflow grants demonstrate EPA's commitment to protecting water quality for all Americans, including small communities that face unique infrastructure challenges," said EPA Regional Administrator Cyrus Western. "In our mountain and plains region, many communities are rural. This funding is a big win, helping modernize local systems, prevent overflows and keep rivers and streams clean."
Stormwater can be a significant source of water pollution and a public health concern. It can collect various pollutants, including trash, chemicals, oils and dirt/sediment, and convey them to nearby waterways. When mixed with domestic and industrial wastewater in combined sewers, stormwater can also contribute to combined sewer overflows during heavy storm events.
Safely and effectively managing stormwater to reduce pollution before it reaches local waterways is essential. However, the cost to construct, operate and maintain stormwater infrastructure can be significant, which can strain wastewater systems and their customers, especially in small and financially distressed communities. The agency's Sewer Overflow and Stormwater Reuse Municipal Grant program will prioritize projects for small and/or financially distressed communities. Under the existing regulations, state grantees are not required to contribute cost shares for projects located in small and/or financially distressed communities.
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Allotments for Fiscal Year 2025 and Fiscal Year 2026
State entity ... FY25 allotment ... FY26 allotment
EPA Region 8 ... $1,925,000 ... $1,924,000
Wyoming ... $203,000 ... $203,000
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Learn more about the Sewer Overflow and Stormwater Reuse Municipal Grant program (https://www.epa.gov/cwsrf/sewer-overflow-and-stormwater-reuse-municipal-grants-program).
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Original text here: https://www.epa.gov/newsreleases/epa-announces-406000-protect-waterways-sewage-overflows-wyoming
EPA Announces $4.4 Million to Protect Waterways from Sewage Overflows in New York
WASHINGTON, April 29 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $4.4 Million to Protect Waterways from Sewage Overflows in New York
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NEW YORK - Today, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage, from polluting
... Show Full Article
WASHINGTON, April 29 -- The Environmental Protection Agency issued the following news release:
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EPA Announces $4.4 Million to Protect Waterways from Sewage Overflows in New York
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NEW YORK - Today, U.S. Environmental Protection Agency (EPA) announced the availability of approximately $80 million through the Sewer Overflow and Stormwater Reuse Municipal Grant program to help communities address stormwater and sewer infrastructure needs. These grants will strengthen systems that safely capture and manage stormwater to help prevent contaminants, including untreated sewage, from pollutingnearby waterways. The agency will provide funding from both fiscal years 2025 and 2026 totaling $4,463,000 to New York, which will be awarded to communities there.
"Stormwater and sewage systems are critical for managing pollution to keep our nation's waterways clean and support healthy people, economic growth, and thriving ecosystems," said EPA Assistant Administrator for Water Jess Kramer. "This $80 million investment will help states upgrade stormwater management systems to address the threat of aging and inadequate infrastructure."
"If left unchecked and uncontrolled, discharges pollute the environment and may threaten clean water. This funding helps New York communities upgrade their stormwater and sewage treatment systems, improving the environment and protecting human health," said Regional Administrator Michael Martucci. "Under President Trump, EPA is at work to deliver clean water to all Americans."
Stormwater can be a significant source of water pollution and a public health concern. It can collect various pollutants, including trash, chemicals, oils, and dirt/sediment, and convey them to nearby waterways. When mixed with domestic and industrial wastewater in combined sewers, stormwater can also contribute to combined sewer overflows during heavy storm events.
Safely and effectively managing stormwater to reduce pollution before it reaches local waterways is essential. However, the cost to construct, operate, and maintain stormwater infrastructure can be significant, which can strain wastewater systems and their customers, especially in small and financially distressed communities. The agency's Sewer Overflow and Stormwater Reuse Municipal Grant program will prioritize projects for small and/or financially distressed communities. Under the existing regulations, state grantees are not required to contribute cost shares for projects located in small and/or financially distressed communities.
New York Allotments for Fiscal Year 2025 and Fiscal Year 2026
Learn more about the Sewer Overflow and Stormwater Reuse Municipal Grant program.
26-013
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Original text here: https://www.epa.gov/newsreleases/epa-announces-44-million-protect-waterways-sewage-overflows-new-york
