Agricultural Water Conservation Loan Program
| Jurisdiction: | Texas |
| Incentive Type: | Loan Program |
| Industries: | Infrastructure, Agricultural, Technology |
| Eligible Sector: | Government |
| Category: | Financial Incentive |
| Time Period: | FY 2015 |
| Governing Body: | Texas Water development board |
| What’s it worth?: | Not mentioned |
The purpose of this program is to provide loans for agricultural water conservation efforts in subdivisions, state agencies, or individuals. Funds may be used for conservation programs or pre-approved projects. Conservation programs and projects include:
- Water conservation technical assistance programs
- Research of water conservations
- Demonstrations of water conservation
- Technology transfer relating to agricultural water
- Educational programs relating to agricultural
- Precipitation enhancement program
- Water conservation programs administered by state agencies and political subdivisions
- Improvement of water delivery
- Irrigation land preparation
- Dry land preparation for natural precipitation use
- Installation of devices designed to indicated water consumption for irrigation
- Preparation and maintenance of land for brush control
Eligible participants include political subdivisions including:
- Cities
- Counties
- Soil and water conservation districts
- Underground water conservation districts
- Irrigation districts
To apply eligible participants must submit an application following the guidelines outlined by the Financial Assistance program. Applications may be submitted at any time. Loans may have a length of up to 10 years with an interest rate equal to the asking yield for a U.S. Treasury Note. More information can be retrieved by contacting the Conservation Staff.
