Conditions of Financial Assistance Programs

Programs	Eligible Applicants	Security Instruments:	Typical Pledges Include:	Length of Loans:
State Water Implementation Fund for Texas (SWIFT)-Water	Political Subdivisions Water Supply Corporations Project must be included in adopted State Water Plan / Regional Water Plan	Bonds Master Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	20 to 30 years 34 years for Board Participation
Clean Water State Revolving Fund (CWSRF) - Wastewater	Political Subdivisions Private Entities (Nonpoint Source Projects Only)	Bonds Loan Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	20 to 30 years
Drinking Water State Revolving Fund (DWSRF) - Water	Political Subdivisions Water Supply Corporations Investor Owned Utilities	Bonds Loan Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	20 to 30 years
Economically Distressed Areas Program (EDAP) - Water & Wastewater	Entities with Adopted Model Subdivision Rules Political Subdivisions Water Supply Corporations	Bonds Loan Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	20 years
Rural Water Assistance Fund (RWAF) – Water & Wastewater	Political Subdivisions Water Supply Corporations	Bonds Loan Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	20 to 40 years
State Participation Program - Water	Political Subdivisions Water Supply Corporations	Master Agreement (includes responsibilities, duties and liabilities of each party, and provisions for a defined source of revenue used to purchase the State's portion of the facility)	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	Up to 34 years
Texas Water Development Fund (DFUND) - Water, Wastewater, & Flood Control	Political Subdivisions (including non-profits) Water Supply Corporations	Bonds Loan Agreement	System Revenue Contract Revenue Ad Valorem Tax Tax and Revenue Pledge	Varies