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Aging dams could soon benefit from $7B federal loan program

FILE - Samuel Santos casts into El Capitan Reservoir as he fishes near the dam, seen in background on April 8, 2022, in Lakeside, Calif. Constructed four generations ago, the massive rock and clay dam at El Capitan Reservoir is capable of storing over 36 billion gallons of water — enough to supply every resident in San Diego for most of a year. Today, it's three-quarters empty — intentionally kept low because of concerns it could fail under the strain of too much water. (AP Photo/Gregory Bull, File)

FILE - Some concrete of the Lake Oroville Dam's spillway is seen damaged in Oroville, Calif. on Feb. 7, 2017. Eight years after Congress created the program, the U.S. Army Corps of Engineers is taking a first step Friday, June 10, 2022, toward offering more than $7 billion of federally backed loans to repair aging dams owned by states, local governments and private entities across the U.S. (Bill Husa/The Chico Enterprise-Record via AP, File)

FILE - The dam at El Capitan Reservoir is seen April 8, 2022, in Lakeside, Calif. Eight years after Congress created the program, the U.S. Army Corps of Engineers is taking a first step Friday, June 10, 2022, toward offering more than $7 billion of federally backed loans to repair aging dams owned by states, local governments and private entities across the U.S. (AP Photo/Gregory Bull, File)

Aging dams could soon benefit from $7B federal loan program