Texas Water Development Board approves $15,340,000 to the North Alamo Water Supply Corporation (Hidalgo, Cameron, and Willacy counties) to provide first-time wastewater service

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AUSTIN – (April 11, 2022) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $15,340,000, consisting of $11,090,000 in financing and $4,250,000 in loan forgiveness from the Clean Water State Revolving Fund, to the North Alamo Water Supply Corporation (Hidalgo, Cameron, and Willacy counties). The Corporation will use the assistance to finance the planning, acquisition, design, and construction of a first-time wastewater service project.

In addition to the loan forgiveness, the Corporation could save approximately $2,900,000 over the life of the loan by using the Clean Water State Revolving Fund.

With the financial assistance approved today, the Corporation will provide first-time sewer service to nine subdivisions. The project includes construction of a collection system and expansion of the wastewater treatment plant to service the additional connections.

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.