Four Corner - Texas Water Development Board

Program or Agency Description This Program or
Contact Name
Agency Works With*
Phone
United Financial of Illinois, Finances capital equipment and projects for counties, c~ies, Almost any project
Inc.
IOUs, WSCs, and local governments. Loans, Sales and
Scott D. Pinckard
Leaseback, and Master Lease is offered. Loan amounts are
630/ 955-0188 from $50,000 to $10,000,000. 100% financing offered
including engineering and construction costs.
USDA, Rural Development RUS Water and Waste Disposal loan funds are used to Cities, Water Districts,
Rural Utilities Service develop water and waste disposal systems (including solid Water Supply
J. Gary Lightsey waste disposal and storm drainage) in rural areas and Corporations (WSCs),
254-742-9789 towns with a population of 10,000 or less. In some cases, Counties, and Indian
grants may be given for up to 75 percent of eligible project tribes
costs.
TNRCC Uses community self-help resources (people power and Political subdivisions
Texas Small Towns affordable budgets) to cut costs on water and wastewater and communities in
Environment Program projects. Loan funds may be available for projects which unincorporated areas
(Texas STEP)
have a significant component of self-help. Works w~h local
Jane Scheidler
"sparkplugs" to accomplish projects.
512-239-6156
Texas Department of Housing Provides funding to eligible cities and counties through the Cities and Counties
and Community Affairs
Community Development Block Grant (CDBG) program. A
Texas Community
county may apply for assistance for an unincorporated area
Development Program in their county. Projects are funded through a regional
512-475-3800 competition, with a deadline for applications. Limited
disaster relief and urgent-need funds are also available.
The availabil~y of funds is based on state and federal
i!Jlpropriations.
Melbye & Associates Provides financing to IOUs, WSCs and political subdivisions Pol~ical subdivisions,
Russ Melbye in the form of lease/purchase, straight leasing and loans. Investor-owned Utilities
214-985-8560 Loan amounts begin at $20,000. (IOUs), and WSCs
Government Funding Group, Arranges financing for political subdivisions. Will also work Political subdivisions,
Inc. with districts, IOUs and WSCs in specific cases. Minimum IOUs, and WSCs
Maria D. Middleton loan amount is $10,000.
800-561-0461
First Commercial Capital Provides Small Business Administration (SBA) and other IOUs and WSCs
Bill Duncan
government-backed loans. A cash ftow lender. Offers long-
800-349-7917 term financing for major capital Improvements, new
acquisitions, and refinancing of existing debt. Loan amounts
ranQe from $50,000 to $10 000,000.
Texas Water Development Provides financing for water supply projects and water Polttical subdivisions
Board quality projects including wastewater treatment, non-point andWSCs
Financial Assistance
source pollution control, and ftood control. Financing is
Programs
provided through state-backed bonds or a combination of
512-463-7847 state bond proceeds and federal grant funds. Also
administers Economically Distressed Area Program (EDAP)
for financial assistance to economically distressed areas in
27 designated counties.
Co-Bank Provides financing for water and waste disposal systems Incorporated Cities,
Steve Gustafson serving predominantly unincorporated areas or Water Districts, IOUs,
800-542-8072 communities of 20,000 or less population, including IOUs, andWSCs
WSCs, and political subdivisions such as cities or water
districts. Co-Bank is a cash ftow lender and will work with
borrower to complete application. Loan amounts begin at
$1,000,000.
.. . .
* The term "pohtical subdtvtswn" usually mcludes mcorporated cttles, water
districts and counties.
In order for a community to obtain funding assistance from the RUS, applicants are
encouraged to contact the Agency processing office early in the planning stages of their
Four Comers Area Water and Wastewater Facilities Planning Study
FINAL REPORT
Revised 2/10/99
Page 9-3