Texas Water Development Board approves $3,035,893 in financial assistance to the City of Hico (Hamilton County) to finance water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (July 18, 2013) - The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,035,893 to the City of Hico (Hamilton County) consisting of a $1,520,000 loan and $1,515,893 in loan forgiveness from the Drinking Water State Revolving Fund to finance water system improvements.
The City of Hico intends to use the funds to address issues with its water distribution system.
The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional planning and preparing the state water plan for the development of the state’s water resources. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.