Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter L - WATER INFRASTRUCTURE FUND
Section 363.1203 - Use of Funds
Universal Citation: 31 TX Admin Code § 363.1203
Current through Reg. 49, No. 52; December 27, 2024
(a) The board may use the fund for financial assistance as follows:
(1) to make loans to political subdivisions
at or below market interest rates for projects; and
(2) to make loans to political subdivisions
at or below market interest rates for planning and design costs, permitting
costs, and other costs associated with state or federal regulatory activities
with respect to a project.
(b) The board may make funding available under subsection (a) of this section only for implementation of projects which are recommended water management strategies in a board-approved regional water plan adopted pursuant to Texas Water Code, § 16.053 or in the water plan adopted pursuant to Texas Water Code, § 16.051.
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