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Texas Water Development Board approves $12,903,000 to the Cameron County Drainage District No. 5 (Cameron County) from the Flood Infrastructure Fund for drainage improvement projects

For immediate release. Contact: Lauren Munguia at 512-463-2322

AUSTIN – (March 10, 2021) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $12,903,000, consisting of $6,000,000 in financing and $6,903,000 in grant funding, to the Cameron County Drainage District No. 5 (Cameron County). The District will use the assistance from the Flood Infrastructure Fund (FIF) for drainage channel improvement and detention pond projects.

In addition to the grant funding, the District could save approximately $4,090,000 over the life of the loans by using the FIF program.

The approved projects are eligible for FIF funding under category 2 of the 2020 Flood Intended Use Plan. This category was designated for planning, acquisition, design, and construction activities to implement flood mitigation projects.

Passed by the 86th Texas Legislature and approved by voters through a constitutional amendment in 2019, FIF was created to provide funding for drainage, flood mitigation, and flood control projects.

The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional water and flood planning, and preparing the state water and flood plans. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.