Texas Water Development Board approves a $420,000 loan to the Maloy Water Supply Corporation (Hunt County) to finance water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (November 21, 2013) - The Texas Water Development Board (TWDB) today approved by resolution a loan in the amount of $420,000 to the Maloy Water Supply Corporation (Hunt County) from the Rural Water Assistance Fund to finance water system improvements.
The Maloy Water Supply Corporation intends to use the funds to finance water system improvements to bring the system into regulatory compliance and improve service.
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.