Drinking Water State Revolving Fund Loan Program - Texas Water 2025

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State revolving loan funds (SRFs) are loan programs that are capitalized by federal grants, state appropriations and dedicated revenues. States use the funds to provide a range of financial assistance to local governments, including loans, grants and credit enhancement.
The Drinking Water State Revolving Funds and the Clean Water State Revolving Funds have been the foundation of water infrastructure investments for over 30 years, providing low-cost financing for local projects across America. SRF programs are critically important for investing in the nations water infrastructure.
The State Revolving Fund (SRF) program provides low-interest rate loans for building or repairing wastewater and drinking water plants, collection and distribution systems, and stormwater quality improvement projects.
A state revolving fund (SRF) is a fund administered by a U.S. state for the purpose of providing low-interest loans for investments in water and sanitation infrastructure (e.g., sewage treatment, stormwater management facilities, drinking water treatment), as well as for the implementation of nonpoint source pollution
The State Revolving Fund provides affordable financing options to communities across the Commonwealth to improve water infrastructure, ensure compliance with federal and state water quality standards, support safe drinking water, implement watershed and stormwater management, address climate resiliency, and administer
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In 2023, the 88th Texas Legislature passed Senate Bill (SB) 28 and Senate Joint Resolution (SJR) 75 providing for the creation of the Texas Water Fund, a special fund in the state treasury outside the general revenue fund to be administered by the TWDB.
The Clean Water State Revolving Fund (CWSRF) program offers low-cost financing for a wide variety of water quality projects. The program has significant financial assets and is capable of financing projects from $1 million to $100 million.

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