Texas Water Development Board approves $11,663,500 to the City of Crockett (Houston County) for a wastewater system project
For immediate release. Contact: Media Relations at 512-463-5129
MCKINNEY, TEXAS – (September 12, 2024) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount $11,663,500 to the City of Crockett (Houston County), consisting of $1,180,000 in financing, $3,135,000 in zero interest financing, and $7,348,500 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 project.
In addition to the loan forgiveness, the City could save approximately $3,100,000 over the life of the loan by using the CWSRF.
With the assistance approved today, the City will rehabilitate and replace existing equipment at its wastewater treatment plant. The City will also complete a sewer system evaluation study of the collection system and associated point repairs.
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.