Dallas Gets $330 Million to Finance Water, Wastewater Pipeline Replacement Projects
The Texas Water Development Board (TWDB) has approved financial assistance in the amount of $330 million, consisting of a $220 million multi-year loan from the Drinking Water State Revolving Fund and a $110 million multi-year loan from the Clean Water State Revolving Fund, to the city of Dallas to help finance water and wastewater system improvements.
The assistance provided by the Drinking Water State Revolving Fund will allow the city to replace 40 miles of water pipeline annually over the next five years, and the assistance provided by the Clean Water State Revolving Fund will finance the design and construction costs associated with replacing 20 miles of wastewater pipeline per year over the next five years.
The two projects are part of the Dallas Water Utilities’ wastewater replacement program and water main replacement program.
The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.
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