Texas Water Development Board Closes on Funding for $44.7M to the Upper Trinity Regional Water District
AUSTIN, TX The Texas Water Development Board (TWDB) closed on funding providing financial assistance in the amount of $44.680 million from the State Water Implementation Fund for Texas (SWIFT) program to the Upper Trinity Regional Water District (Fannin, Collin, Cookie, Dallas, Denton, Grayson, and Wise counties). The assistance provided will finance the planning, acquisition and design of the proposed Lake Ralph
The District could save approximately $8.3 million over the life of the funding by using the SWIFT program.
The Lake Ralph Hall Reservoir is the first new reservoir permitted by the state of Texas since 1985. The reservoir will create a new water supply for the District's growing service area and is expected to yield approximately 30 million gallons per day. The assistance approved by the TWDB will allow the District to finalize the permitting process, begin design work, and purchase land for the project.