Texas Water Development Board approves $47,195,000 to the City of Houston (Harris County) for a stormwater management project

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AUSTIN – (October 17, 2017) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $47,195,000 from the Clean Water State Revolving Fund to the City of Houston (Harris County). The City will use the assistance to finance design and construction costs associated with a stormwater management project.

The City could save approximately $25 million over the life of the loan by using the Clean Water State Revolving Fund.

The City will use the assistance to address flooding in the Brays Bayou watershed. The project will increase the capacity of the bayou to move stormwater through it. This is part of a larger project that involves channel widening and detention basin construction to reduce the flooding impacts across the entire watershed.

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.