Texas Water Development Board approves $2,119,530 to the East Texas Municipal Utility District (Smith County) for water system improvements

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AUSTIN – (July 7, 2022) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $2,119,530 to the East Texas Municipal Utility District (Smith County), consisting of $1,496,000 in financing and $623,530 in loan forgiveness, from the Drinking Water State Revolving Fund (DWSRF). The District will use the assistance to finance the planning, design, and construction of a water system improvement project.

In addition to the loan forgiveness, the District could save approximately $832,000 over the life of the loan by using the DWSRF.

With the financial assistance approved today, the District will replace water lines and service equipment in its water distribution system. Additionally, the project includes development of a water master plan and installation of new water lines to improve service and increase water quality.

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.