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Texas Water Development Board approves $3,155,650 to the City of Marshall (Harrison County) for a flood management project

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

AUSTIN – (May 4, 2023) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,155,650 to the City of Marshall (Harrison County), consisting of $2,050,000 in financing and $1,105,650 in grant funding from the Flood Infrastructure Fund (FIF). The City will use the assistance for the planning, design, and construction of a flood management project.

In addition to the grant funding, the City could save approximately $755,000 over the life of the loan by using the FIF program.

With the financial assistance approved today, the City will construct a detention pond along Parker Creek to reduce the frequency of flooding along U.S. Highway 80 and U.S. Highway 59, which serves as a designated hurricane evacuation route.

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.