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Texas Water Development Board approves $5,988,044 to the City of Taylor (Williamson County) for a flood mitigation project

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

AUSTIN – (March 9, 2023) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $5,988,044 to the City of Taylor (Williamson County), consisting of $5,090,000 in financing and $898,044 in grant funding from the Flood Infrastructure Fund (FIF). The City will use the assistance for the planning, acquisition, design, and construction of a flood mitigation project.

In addition to the grant funding, the City could save approximately $3,300,000 over the life of the loan by using the FIF program.

The proposed project is being co-funded with the Texas General Land Office, which committed $1,611,846 to the project through the Community Development Block Grant Mitigation program.

With the TWDB financial assistance approved today, in combination with funding from the Texas General Land Office, the City will construct a new grass-lined regional detention pond and associated stormwater collection infrastructure at the Donna Channel and make roadside channelization and culvert improvements at Travis and Franklin streets.

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.