TWDB Opens Invitation Period for SFY 2020 State Revolving Fund Programs
Do you have a water, wastewater, and/or stormwater project and you need funding assistance?
Eligible projects submitted during this invitation period, Dec. 20, 2018, through March 1, 2019, will be listed in the initial Intended Use Plan (IUP) and will also have the best chance of accessing limited principal forgiveness funds (akin to grants) for disadvantaged communities and green project solutions, among others.
CWSRF annual capacity is typically $525 million while the DWSRF is typically $250 million. Both programs have some of the lowest interest rates in Texas for water-related projects.
CWSRF eligible projects include wastewater treatment facilities, collection systems, wastewater recycling and reuse improvements, stormwater mitigation, nonpoint source pollution control, estuary management projects, eligible green project reserve components and disaster recovery.
DWSRF eligible projects include water treatment facilities, distribution systems, upgrade or replace water infrastructure, address standards from the Safe Drinking Water Act, consolidation of systems, purchasing additional capacity, source water protection projects, eligible green project reserve components, flood resiliency projects or project components, and disaster recovery.
Freese and Nichols has a long history of working with clients to access TWDB funding. In the last 25 years, FNI has worked with clients to receive more than $2 billion in closed fundings from the TWDB. Contact your Freese and Nichols Project Manager to explore ways that your project might qualify under these programs.
For more information regarding first steps toward this opportunity or other water funding opportunities, contact me at email@example.com.