Texas Water Development Board approves $24,000,000 to Maverick County for water and wastewater system improvements
(Press Release)
AUSTIN – (June 6, 2023) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $24,000,000 to Maverick County, consisting of $7,200,000 in financing and $16,800,000 in grant funding from the Economically Distressed Areas Program (EDAP). The County will use the financial assistance for the planning, acquisition, design, and construction of a water and wastewater system project.
In addition to the grant funding, the County could save approximately $499,000 over the life of the loan by using EDAP.
With the financial assistance approved today, the County will provide first-time wastewater service to the central area of the Quemado community. The County will also provide first-time water service to residences north of the existing Quemado water service area and to residences along Thompson Road north of the Elm Creek area. In addition, the County will replace 12 non-functioning meters in the Quemado area.
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 control, and agricultural water conservation projects.
