The Texas Water Development Board announced last Thursday, March 1 that the City of Devine had been approved for $9.9 million in financial assistance for water system improvements.
The assistance, which comes from the Drinking Water State Revolving Fund, includes a $9.4 million loan and $500,000 in loan forgiveness.
The money will be used for the planning, design, and construction costs associated with replacing asbestos cement and cast iron water pipes throughout the city.
According to the TWDB’s website, loans are offered with below market interest rates, with terms ranging from 20 to 30 years.
By Marly Davis
Staff Writer
