To lead the state's efforts in ensuring a secure water future for Texas
The Drinking Water State Revolving Fund (DWSRF) Loan Program aims to support water infrastructure projects that help communities meet drinking water standards. It offers year-round funding for projects included in the DWSRF Intended Use Plan, providing financial assistance for a variety of purposes such as correcting water system deficiencies, upgrading or replacing water systems, consolidation projects, purchasing capacity or water systems, and implementing green and source water protection projects. The program offers below-market interest rate loans and principal forgiveness, with specific percentage reductions on interest rates for Equivalency and Non-Equivalency projects. For State Fiscal Year 2024, at least $435 Million in funding is available, including $95 Million in principal forgiveness, supported by annual appropriations and the Infrastructure Investment and Jobs Act of 2021 (IIJA).