Texas Water Development Board approves $3,280,000 to the City of Lone Oak (Hunt County) for wastewater system improvements

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

AUSTIN – (November 6, 2024) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,280,000 to the City of Lone Oak (Hunt County), consisting of $2,880,000 in financing and $400,000 in principal forgiveness, from the Clean Water State Revolving Fund (CWSRF). The City will use the assistance for the planning, design, and construction of a wastewater system improvements project.

In addition to the loan forgiveness, the City could save approximately $1,300,000 over the life of the loan by using the CWSRF.

With the assistance approved today, the City will replace a facultative lagoon at its wastewater treatment plant with a higher capacity mechanical plant to meet future growth.

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.