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In the News

Project information for Water Revolving Fund programs due

Monday, February 20, 2017
Source: Texas Water Development Board

The Texas Water Development Board seeks projects to be funded in the 2018 fiscal year through its State Revolving Fund programs’ Intended Use Plans.

Entities seeking the funding must submit a completed Project Information Form using either the Online Application or the “paper” version in Microsoft Word by 5 p.m., March 3, 2017 to be included in the initial Project Priority List for State Fiscal Year 2018.

The Clean and Drinking Water State Revolving Fund programs help communities save money by providing cost-effective funding for wastewater and water infrastructure projects. Entities using these programs achieve substantial savings by receiving below-market interest rates and, in some instances, principal forgiveness. Principal forgiveness may be available for entities that qualify as disadvantaged communities and for projects with green components.

The Drinking Water State Revolving Fund also includes principal forgiveness for small systems and urgent need projects. Although these programs are accessible year round, the principal forgiveness subsidies are generally allocated to projects on the initial project priority list each year.

Communities that submitted project information forms in previous years must update their information for the 2018 fiscal year.

> Access the project information forms.
> Contact Matthew Schmidt at 512-463-8321 or by email for assistance.
> Read more about the Clean Water State Revolving Fund program.
> Read more about the Drinking Water State Revolving Fund program.

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