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In the News

TWDB opens SWIFT applications

Thursday, December 20, 2018

The Texas Water Development Board (TWDB) will accept short, preliminary applications for the 2019 funding cycle of the State Water Implementation Fund for Texas (SWIFT) program, which assists communities in developing and optimizing water supplies, until Feb. 1, 2019.

The short, preliminary applications may be submitted via the TWDB’s online application system or by paper copy. These applications provide information used to complete a prioritization of projects. TWBD will then invite project, which received priority, to submit a complete application including a detailed financial, legal, engineering, and environmental review.  To be eligible for SWIFT program financial assistance, projects must be recommended in the 2017 State Water Plan. 

The SWIFT program helps communities develop and optimize water supplies at cost-effective rates by providing low-interest financing, extended repayment terms, deferral of repayments, and incremental repurchase terms for projects with state ownership aspects. It also includes additional interest rate subsidies for rural and agricultural projects. 

TWDB opened the application process for SWIFT on Dec. 13, 2018. 

> Submit an online application.
> Get a paper application.
> Learn more about SWIFT.
> Learn more about TWDB.

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