
The U.S. Environmental Protection Agency (EPA) has announced $7 billion in new financing through the Water Infrastructure Finance and Innovation Act (WIFIA)—a major opportunity for water and wastewater utilities to accelerate long-needed system upgrades. With aging infrastructure, regulatory pressures, and limited budgets, many agencies are eager to access these low-cost funds to modernize treatment facilities, pipelines, pump stations, and critical water assets.
But to compete for this financing, utilities must demonstrate something essential: a clear understanding of their system’s condition, risk, and capital improvement needs. Increasingly, condition assessment is not just a best practice—it’s a requirement.
This article explains what the new funding means, what EPA expects from applicants, and how MentorLens™, MentorAPM’s new AI-powered insights platform, helps utilities build the condition-based, risk-informed planning foundation needed to secure WIFIA funding.
EPA’s 2025 WIFIA notice makes available:
Unlike previous rounds with fixed deadlines, the 2025 funding is available through a rolling application process, allowing early prepared utilities to apply sooner and move their projects forward faster.
Funding priorities include:
For utilities ready to demonstrate the need and readiness of their projects, this is one of the most significant opportunities in decades.
EPA guidance makes it clear that applicants must show evidence of strong asset knowledge and planning rigor. Key EPA statements include:
This means utilities must be able to demonstrate:
1. A documented condition assessment program
Visual inspections, mechanical tests, ratings, and scoring methodologies that show asset health and deterioration.
2. Evidence-based risk evaluation
Probability and consequence of failure assessments, identifying which assets pose the greatest operational or financial risk.
3. A defensible capital improvement plan (CIP)
Prioritized projects tied to actual data—not anecdotal knowledge, outdated lists, or reactive repairs.
4. A plan for long-term system improvement
To satisfy EPA reviewers, utilities must show their proposed projects fit into a comprehensive, forward-looking asset management strategy—not just a one-off capital request.
For many organizations, gathering, analyzing, and presenting this information can be a heavy lift—especially with limited staffing and fragmented data.
This is exactly where MentorLens™ makes a difference.
Built on decades of asset management and condition-assessment expertise the MentorAPM suite helps utilities understand system condition, risk, and investment priorities. MentorLens™ is designed to help utilities quickly build their asset portfolio and complete condition assessments. Together with MentorAPM’s Risk & Criticality Analyzer and Asset Investment Planner, MentorLens™ transforms scattered asset data into a clear, defensible, funding-ready picture of system needs.
✔ Rapid Condition and Assessment
MentorLens™ quickly collects assets and builds a digital asset register and evaluates asset condition—helping utilities fill gaps and standardize scoring quickly.
✔ Criticality Assessment and Risk Scoring and Prioritization
Criticality Analyzer calculates probability and consequence of failure using configurable models that align with industry standards and funding expectations.
✔ Data-Driven Capital Improvement Planning
Asset Investment Planner turns risk and condition insights into prioritized project lists, cost estimates, and supporting documentation—critical components of strong WIFIA applications.
✔ Clear, Reviewer-Friendly Reporting
EPA reviewers expect transparency. MentorAPM provides dashboards, charts, and summaries that make it easy to demonstrate system needs, planned improvements, and long-term risk reduction.
✔ Accelerated Readiness for Rolling Applications
Because WIFIA’s 2025 funding is rolling, speed matters. MentorLens™ helps utilities move from raw data to a complete, funding-aligned condition assessment in a fraction of the time of traditional processes.
As EPA increases expectations around planning rigor and system resilience, utilities that lack detailed condition and risk documentation may struggle to qualify for WIFIA’s competitive financing.
Condition assessment:
Utilities that invest in strong condition assessment – supported by modern tools like MentorLens™ – position themselves to secure funding faster, improve operational performance, and build a long-term roadmap for system renewal.
The next generation of water infrastructure funding will favor utilities with clear system insight, documented condition data, and a strategic plan for system improvement.
MentorLens™ helps utilities get there – fast.
If your organization is preparing for a WIFIA application or wants to strengthen its asset management approach, we can help you become funding-ready with data-driven confidence.
Contact MentorAPM to learn how MentorLens™ can accelerate your path to WIFIA funding.