What is the Agricultural Water
Conservation Loan Program?
As a result of Senate Bill 1053, passed by the 78
th Texas Legislature, the Texas Water Development Board's
(TWDB) agricultural water conservation program has been
expanded to provide three methods of assistance. Under
the new consolidated Agriculture Water Conservation
Loan Program, the TWDB can: |
- provide agricultural water conservation loans
to political subdivisions and state agencies for
their use either for improvements on their facilities
or as loans to individuals.
|
- provide a linked deposit loan
program for individuals to access TWDB funds through
participating local state depository banks and farm
credit institutions.
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What is the Loan Application
Process?
Applications to the Texas Water Development Board Applicants
may be submitted at any time and will be processed in the
order they are received, but are subject to the available
of funds. An applicant must file an application
consistent with application guidelines through the Project Finance and Construction Assistance.
Where Can I Get More Information?
For further information on the financing: (512) 936-2193
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