Texas Water Development Board approves $12,500,000 to the Hays Caldwell Public Utility Agency (Hays, Caldwell, Comal, and Guadalupe counties) for a water supply project
For immediate release. Contact: Sarah Haney at 512-463-5129
AUSTIN – (July 23, 2015) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $12,500,000 from the State Water Implementation Fund for Texas (SWIFT) to the Hays Caldwell Public Utility Agency (Hays, Caldwell, Comal, and Guadalupe counties). The assistance will finance the planning, acquisition, design, and construction of a water supply project.
The Agency could save approximately $1,524,801 over the life of the loan by using SWIFT.
The City of Buda is projected to see a water shortage starting in 2018 if additional water supplies are not delivered to the area. The assistance approved today will allow the Agency to build a pipeline between the cities of Kyle and Buda to address the expected shortage.
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.