Events

State Water Implementation Fund for Texas Deadline

Application Deadline

Online, TX

Monday, February 1 2021

11:00PM to 11:59PM

view on map

Overview

The deadline to apply for the State Water Implementation Fund for Texas (SWIFT) program 2021 funding cycle is midnight February 1.

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.

For the 2021 funding cycle, any political subdivision or nonprofit water supply corporation with a project included in the approved 2021 Regional Water Plan for its region is eligible. To qualify for a funding commitment the project will also need to appear as a recommended strategy in the 2022 State Water Plan, which is scheduled for adoption before SWIFT commitments are issued.

Abridged applications may be submitted via the TWDB’s online application system or by paper copy. The abridged applications provide information the TWDB needs to complete prioritization of the projects. Projects that receive priority for financial assistance will be invited to submit a complete application, which will include a detailed financial, legal, engineering, and environmental review.