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Texas Water Development Board approves $65,000,000 to the Alliance Regional Water Authority (Hays, Caldwell, Guadalupe, Comal, and Bexar counties) for a regional water supply project

For immediate release. Contact: Sarah Haney at 512-463-5129

AUSTIN – (July 23, 2020) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $65,000,000 from the State Water Implementation Fund for Texas (SWIFT) program* to the Alliance Regional Water Authority (Hays, Caldwell, Guadalupe, Comal, and Bexar counties). The Authority will use the assistance to finance construction costs associated with a regional water supply project.

The Authority could save approximately $4,400,000 over the life of the loan by using the SWIFT program.

The Authority serves one of the most rapidly expanding urban areas in the nation. With the financial assistance approved today, the Authority—in conjunction with the Guadalupe Blanco River Authority—will continue its Carrizo water supply project to provide treated groundwater to its sponsors. The project includes creating an aquifer wellfield to help meet sponsors’ future water needs.

The Authority previously received financial assistance commitments in 2015 and 2017 from the SWIFT program for earlier phases of this project.

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.

*The SWIFT program includes two funds, the State Water Implementation Fund for Texas (SWIFT) and the State Water Implementation Revenue Fund for Texas (SWIRFT). Revenue bonds for the program are issued through SWIRFT.