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Forms Are Due Next Week for State Water Revolving Funds in Texas

The Texas Water Development Board (TWDB) is accepting Clean and Drinking Water State Revolving Funds Project Information Forms to be included in the initial Project Priority List for the 2020 fiscal year. They are due by 5 p.m. Friday, March 1.

To be included, entities must submit a completed Project Information Form; forms submitted in previous years must be updated to be included for the fiscal 2020 priority list.

The Clean and Drinking Water State Revolving Funds financial assistance 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; for emergency relief or urgent-need projects; or for projects with green components. The Drinking Water State Revolving Fund also includes principal forgiveness for very small systems. Principal forgiveness funds are limited and competitive.

Read more about the funds on the TWDB website:

For more information regarding these or other water funding opportunities, contact Mark Evans, Freese and Nichols Funding Specialist, at mark.evans@freese.com.

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