Carlos Rubinstein, Chairman Bech Bruun, Director Kathleen Jackson, - - PowerPoint PPT Presentation

F unding the State Wate r Plan with the State Wate r Imple me ntation F und for T e xas (SWIF T )

Carlos Rubinstein, Chairman Bech Bruun, Director Kathleen Jackson, Director

T he L e g isla ture c re a te d SWI F T to pro vide a ffo rda b le , o ng o ing sta te fina nc ia l a ssista nc e fo r pro je c ts in the Sta te Wa te r Pla n. Any po litic a l sub divisio n, whic h inc lude s no n- pro fit wa te r supply c o rpo ra tio ns, with a pro je c t inc lude d in the mo st re c e ntly a do pte d sta te wa te r pla n c a n a pply.

What is the SWIF T and who c an apply?

2

Pro je c ts tha t a re re c o mme nde d wa te r ma na g e me nt stra te g ie s in the 2012 Sta te Wa te r Pla n a sso c ia te d with a c a pita l c o st. F unds a re a va ila b le fo r pla nning , a c q uisitio n, de sig n a nd c o nstruc tio n re la te d c o sts.

What type s of pr

• je c ts

ar e e ligible for funding?

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At le a st 20 pe r

c e nt to suppo rt wa te r

c o nse rva tio n a nd re use pro je c ts At le a st 10 pe r

c e nt to suppo rt

pro je c ts se rving rura l c o mmunitie s a nd a g ric ultura l

What’s in the le gislation?

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F Y2015 SWIF T F unding

• L
• w- inte re st L
• ans
• De fe r

r e d L

• ans
• Boar

d Par tic ipation F Y 2015 F unds Available : $800 million Multi- ye ar c ommitme nts available for funding ne e ds spanning se ve r al ye ar s

What type of funding is available ?

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Ho w will PROJE

CT S b e PRIORIT IZE D?

Se rve a la rg e po pula tio n Assist a dive rse urb a n a nd rura l po pula tio n Pro vide re g io na liza tio n Me e t hig h pe rc e nta g e o f wa te r use rs’ ne e ds

Highest consideration

Pr ior itization by T WDB

How will pr

• je c ts be

pr ior itize d?

8

L

• c a l fina nc ia l c o ntrib utio n

F ina nc ia l c a pa c ity o f a pplic a nt to re pa y Ab ility to le ve ra g e with lo c a l a nd fe de ra l funding E me rg e nc y ne e d fo r pro je c t Re a dine ss to pro c e e d with pro je c t E ffe c t o n wa te r c o nse rva tio n Prio rity g ive n b y re g io na l wa te r pla nning g ro up Additional Criteria

Pr ior itization by T WDB

How will pr

• je c ts be

pr ior itize d?

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SWIF T Applic atio n T ime line

Imple me ntation

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F e b. 3, 2015

• T

WDB prio ritize s a b ridg e d a pplic a tio ns

• T

WDB de te rmine s a va ila b ility o f funds b y c a te g o ry a nd fina nc ing te rms

• I

nvita tio ns to a pply a re e xte nde d

• E

ntitie s sub mit c o mple te a pplic a tio ns

Summe r 2015

• T

WDB c o nside rs a nd a ppro ve s a pplic a tio ns

• T

WDB a utho rize s b o nd sa le

F a ll 2015

• T

WDB b o nd sa le a nd c lo sing

• Bor

r

• we r

s c lose loans

Spring 2015

• Ab ridg e d a pplic a tio ns due

Re gio nal T e ams

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Re gional Pr

• je c t

Imple me ntation T e ams

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