Texas Water Development Board approves $3,445,000 to the Hardin Water Supply Corporation (Liberty County) for a water system improvement project
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AUSTIN – (June 12, 2024) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,445,000 to the Hardin Water Supply Corporation (Liberty County), consisting of $2,445,000 in financing and $1,000,000 in principal forgiveness, from the Drinking Water State Revolving Fund (DWSRF). The Corporation will use the assistance for the planning, design, and construction of a water system improvement project.
In addition to the loan forgiveness, the Corporation could save approximately $1,400,000 over the life of the loan by using the DWSRF.
With the assistance approved today, the Corporation will construct a new elevated storage tank and production well. The project will also include a control building, generator, chlorination, fencing, and yard piping.
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.