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
  • Bonds
  • Loan Agreement
  • 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 Subdisivion 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
  • Project must be included in adopted State Water Plan / Regional Water Plan
  • 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
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