The Texas Water Development Board (TWDB) today approved financial assistance totaling $4,403,425 for three agricultural and rural projects

For immediate release. Contact: Media Relations at 512-463-5129

AUSTIN – (February 24, 2014) – The Texas Water Development Board approved financial assistance for much needed water and wastewater projects across the state. The projects funded by TWDB will allow these communities to address drought-related water shortages, upgrade aging infrastructure, reduce water loss, and improve irrigation systems.

• $403,425 loan to the City of Olney (Young County) to finance wastewater system improvements
• $2,000,000 loan to the Panhandle Groundwater Conservation District (Carson, Gray, Wheeler, Donley, Armstrong, Potter, Hutchinson, and Roberts Counties) to finance irrigation system improvements
• $2,000,000 loan to the Sandy Land Underground Water Conservation District (Yoakum County) to finance irrigation system improvements

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.