2020 Funding: SWIFT Applications Due By Feb. 3
Mark Evans
Funding Specialist
The SWIFT program helps communities develop and optimize water supplies at cost-effective rates. The program provides 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.
What’s Eligible
To be eligible for SWIFT program financial assistance, projects must be recommended in the 2017 State Water Plan. Eligible applicants are any political subdivision or nonprofit water supply corporation with a project in the state water plan.
How To Submit
Abridged applications are due by midnight on Feb. 3, 2020, and may be submitted via the TWDB’s online application system or by paper copy. These short 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. For more details on how to apply for the SWIFT program, please visit the TWDB website.
How We Can Help
For more information regarding these or other water funding opportunities, contact Freese and Nichols Funding Specialist Mark Evans at mark.evans@freese.com or your Freese and Nichols Project Manager.
Mark Evans is a Funding Specialist based in San Marcos, Texas.