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$3.9 Billion (with a B) in SWIFT Funding Approved by TWDB

Yesterday, the Texas Water Development Board (TWDB) announced approval of $3.9 billion in funding from the State Water Implementation Fund for Texas (SWIFT).

“Being able to finance projects through SWIFT is a major step toward achieving the goal of securing Texas’ long-term water supplies,” said TWDB Chairman Bech Bruun. “The projects selected to receive SWIFT financing will help ensure that Texans have sustainable and reliable water sources for decades to come.”

In the first year, $1 billion will be awarded to the following 21 applicants:

  • $300,000,000 to the Coastal Water Authority for an interbasin transfer project
  • $296,125,000 to the City of Houston for a water supply project
  • $953,405,000 to the North Harris County Regional Water Authority for a water supply project
  • $41,630,000 to the Central Harris County Regional Water Authority for a water supply project
  • $812,140,000 to the West Harris County Regional Water Authority for a water supply project
  • $555,845,000 to the North Fort Bend Water Authority for a water supply project
  • $50,000,000 to the El Paso Water Utilities Public Service Board for a land acquisition project
  • $705,000 to the City of Marfa for a water well project
  • $1,210,000 to the Greater Texoma Utility Authority on behalf of the City of Tom Bean for a water supply project
  • $27,640,000 to the Lone Star Regional Water Authority for a water supply project
  • $17,100,000 to the Palo Pinto County Municipal Water District No. 1 for a reservoir project
  • $90,000,000 to the City of Bedford for water system and water meter improvements
  • $82,105,000 to the North Texas Municipal Water District for a reservoir project
  • $440,000,000 to the Tarrant Regional Water District for a water supply project
  • $44,680,000 to the Upper Trinity Regional Water District for a reservoir project
  • $55,000,000 to the Canyon Regional Water Authority for a water supply project
  • $76,000,000 to the City of Fort Worth for an advanced metering system
  • $8,000,000 to the Guadalupe-Blanco River Authority for a seawater desalination project
  • $12,500,000 to the Hays Caldwell Public Utility Agency for a water supply project
  • $28,300,000 to the Brazosport Water Authority for a brackish groundwater project
  • $7,100,000 to the Hidalgo County Irrigation District No. 1 for an agricultural irrigation project

To be eligible for SWIFT funding in future years, a project must be included in the State Water Plan. If you have a water supply project that you would like included in the 2016 Region Water Plans, please reach out to your planning group as soon as possible. The 2016 Regional Water Plans are nearing completion and are the basis of the upcoming 2017 State Water Plan.

Freese and Nichols is one of Texas’ most experienced water supply planning consultants, having worked with more than half of the state’s 16 regional water planning groups to develop regional water supply plans for future water supply development. Our long history of working with planning groups and state agencies paired with experience obtaining funding for many clients means we understand the process and can provide the support you need to set your projects into motion. For assistance with your project funding, contact Funding@freese.com.

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TagsTWDB, SWIFT, Funding, texas state water plan,

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