State Revolving Funding Opens Doors
The Texas Water Development Board (TWDB) recently approved the Intended Use Plans (IUPs) for the Drinking Water State Revolving Fund (DWSRF) and the Clean Water State Revolving Fund (CWDRF). The SRF programs provide low-interest loans for water and wastewater projects.
The DWSRF is a below market interest loan program managed by the TWDB. The DWSRF program provides funding to governmental entities to plan, design, and/or construct water supply infrastructure, including treatment and reuse facilities.
The CWSRF is also a below market interest loan program managed by the TWDB. The CWSRF provides funding for the planning, design, and/or construction of wastewater infrastructure, wastewater treatment, recycling, and reuse facilities.
Projects approved for DWSRF or CWSRF funding typically undergo a two part approval process. Part 1 is the approval for Planning, Acquisition and Design (PAD), and Part 2 provides funding for the Construction Phase.
The TWDB is inviting entities with projects listed on the Invited Projects List (pages 75-78) to submit applications. Applications for the DWSRF will be opened and processed beginning at noon on September 4, 2012.
The TWDB will extend invitations for entities with projects listed on pages 91 and 92 of the CWSRF IUP to apply for funding. Applications for the CWSRF will be opened and processed beginning at noon on November 1, 2012.
Any remaining funds will be made available to the remaining entities whose projects are included in the Intended Use Plan but not on the Invited Projects List. The TWDB will announce these opportunities when they become available. If you have questions, please contact Jill Trevino.