Texas Water Development Board Water and Wastewater Infrastructure
Texas Water Development Board Water and Wastewater Infrastructure Project Financing 1
Topics • What is the Texas Water Development Board? – Water Science – Infrastructure Finance • How can the TWDB help you? 2
A Water Supply and Quality Toolbox Agricultural Water Conservation Loans/Grants Clean Water State Revolving Fund (CWSRF) Drinking Water State Revolving Fund (DWSRF) Economically Distressed Areas Program (EDAP) Rural Water Assistance Fund (RWAF) State Participation Program State Water Implementation Fund for Texas (SWIFT) Texas Water Development Fund (DFund) 3
Today’s Focus: the Clean Water State Revolving Fund (CWSRF) Lowest Rates, Long Terms • Interest rates are subsidized to be lower than market • Terms available up to 30 years Large Capacity, Multi-Year Structures • $525 MM annually • One commitment, multiple closings up to five years Broad Range of Water Quality Projects Eligible • Ability to fund traditional sewer, stormwater/floodwater, nonpoint source, and bay & estuary projects Planning, Acquisition, Design, and Construction phases • Projects can be funded start-to-finish 4
CWSRF Financing Potential Wastewater Nonpoint Source Stormwater Bay & Estuary Collection Flooding and Erosion Control Run-off Control Riparian Zone Protection Treatment Soft & Hard Drainage Structures Erosion and Sediment Control Habitat Protection 5
Stormwater Eligibilities Management Reduction Treatment All Funded by the CWSRF 6
What types of stormwater projects are eligible for CWSRF funding? Project Types Stormwater Management Projects Deliverable/Construction Mixed used residential/ commercial developments & master planned communities Planning Studies FEMA Analysis New road construction & improvements Levees Dams Drainage Impact Study Engineering Design Storm sewer, detention ponds, channel improvements H&H studies HEC-RAS/HEC-HMS models 2 D modeling for inundation, ponding and overflow studies FEMA mapping Drainage Impact Study Engineering Design Storm sewer & detention pond (land acquisition and construction) Engineering Analysis & Design Downstream Inundation/ Emergency Action Plans 7 Applicants Cities MUDs and special districts Flood control districts Counties Cities Transportation Departments Toll Road Authorities Counties Cities Levee Improvement Districts Counties & other govt. entities
Can stormwater projects increase cost savings by implementing green/low impact design? YES Principal forgiveness of up to 15% of green costs Amount of available funds determined on an annual basis 8
What are the eligibility criteria for Green Project subsidies? • • • Green costs > 30% of Total Project Costs Planning, acquisition, design, and/or construction Entire projects or discrete components Categorically eligible vs. business case Must advance at least one of four objectives: Water Efficiency Green Infrastructure Environmentally Energy Innovative Efficiency 9
What are some examples of categorically eligible projects? Green Infrastructure • Permeable pavement, bioretention, trees, green roofs, constructed wetlands, street tree/urban forestry programs, cisterns, and pipes to distribute stormwater for reuse 10
What are some examples of categorically eligible projects? Water Efficiency • Water audit & water conversation plans • Water recycling & reuse (↓ potable water use) • Retrofit/replacement of • Landscape and agricultural irrigation 11
What are some examples of categorically eligible projects? Environmentally Innovative • Total/integrated water resources management plan likely to result in capital project • Construction of LEED project • Planning by POTW to adapt to long-term effects of climate change or extreme weather 12
Where can I find guidance for green design projects? 13
Where can I find guidance for green design projects? 14
Additional Information • Financial Assistance Programs brochures at our booth 15
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