Texas Water Development Board approves $13,265,306 to the City of Fort Worth (Tarrant, Parker, Denton, and Wise counties) for a lead service line replacement project
For immediate release. Contact: Media Relations at 512-463-5129
AUSTIN – (October 17, 2024) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $13,265,306 to the City of Fort Worth (Tarrant, Parker, Denton, and Wise counties), consisting of $6,500,000 in financing and $6,765,306 in principal forgiveness, from the Drinking Water State Revolving Fund (DWSRF) Lead Service Line Replacement Program. The City will use the assistance for the construction of a lead service line replacement project.
In addition to the loan forgiveness, the City could save approximately $1,800,000 over the life of the loan by using the DWSRF.
The City previously conducted an inventory of its service lines and determined that approximately 35,696 water connections potentially had lead water service lines. With the assistance approved today, the City will replace the service lines that are determined to be contaminated with lead.
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 mitigation, and agricultural water conservation projects.