Texas Water Development Board approves $11,052,000 to the North Fort Bend Regional Water Authority (Fort Bend County) for a reuse project
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (February 18, 2016) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $11,052,000, consisting of a $9,420,000 loan and $1,632,000 in loan forgiveness, from the Clean Water State Revolving Fund to the North Fort Bend Regional Water Authority (Fort Bend County). The Authority will be able to finance construction costs associated with a reuse project.
The Authority could save approximately $2,787,000 over the life of the loan by using the Clean Water State Revolving Fund.
The assistance approved today will allow the Authority to construct the Grand Lakes Reclaimed Water System. The system will treat effluent and distribute the water for irrigation of green spaces and other reuse activities. The system is anticipated to supply 0.59 million gallons per day.
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.