WASHINGTON, Nov. 21, 2013 /PRNewswire-USNewswire/ -- Following the introduction of the Water Protection and Reinvestment Trust Fund Act of 2013 (H.R. 3582) earlier today, National League of Cities (NLC) President Chris Coleman, mayor of Saint Paul, Minn., issued the following statement:
"The National League of Cities (NLC) is pleased to support Reps. Earl Blumenauer (D-OR), Richard Hanna (R-NY), John Duncan (R-TN) and Edward Whitfield (R-KY) in introducing the Water Protection and Reinvestment Trust Fund Act of 2013 (H.R. 3582) to provide critical funding to upgrade and improve our nation's infrastructure.
"By establishing a clean water trust fund, communities will be able to unlock potentially millions of dollars through the Clean Water State Revolving Loan Fund program and a new federal loan program for water infrastructure projects critical to our economy, the environment and the health and welfare of our communities.
"While municipal bonds help fund three-quarters of infrastructure projects built in the U.S., local governments continue to seek additional financing mechanisms. NLC applauds these leaders on their bipartisan effort to provide new and innovative mechanisms of funding and a reliable, long-term source of capital to meet the growing water infrastructure needs in our communities."
The National League of Cities is dedicated to helping city leaders build better communities. NLC is a resource and advocate for 19,000 cities, towns and villages, representing more than 218 million Americans.
SOURCE National League of Cities