Texas Water Development Board approves $2,602,529 to the City of Fredericksburg (Gillespie County) for a drainage improvement project

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

AUSTIN – (March 3, 2022) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $2,602,529, consisting of $2,212,000 in financing and $390,529 in grant funding, to the City of Fredericksburg (Gillespie County). The City will use the assistance from the Flood Infrastructure Fund (FIF) for design  and construction of a drainage improvement project.

In addition to the grant funding, the City could save approximately $1 million over the life of the loan by using the FIF program.

With the financial assistance approved today, the City will construct storm sewer inlets to capture runoff from the western side of State Highway 16 and convey the runoff to its outfall into Town Creek. Additional channel improvements will be made at the outfall.

The approved project is 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.