To lead the state's efforts in ensuring a secure water future for Texas
The State Water Implementation Fund for Texas (SWIFT) offers affordable, ongoing financial support for projects included in the state water plan, aiming at developing and optimizing water supplies at cost-effective rates. The program supports diverse water management strategies, including conservation, reuse, desalination, infrastructure development like pipelines, reservoirs, and well fields, as well as water rights acquisition. SWIFT encourages projects that benefit rural communities, agricultural water conservation, and reuse strategies. Financing options provided include low-interest loans, deferred loans, and board participation with no maximum funding limit, up to a 30-year repayment period, and additional subsidies for certain projects. Multi-year commitments help entities manage large-scale, long-term projects efficiently.