Economically Distressed Areas Program (EDAP)

Jurisdiction:	Texas
Incentive Type:	Loan Program
Industries:	Infrastructure, Technology
Eligible Sector:	Government
Category:	Financial Incentive
Time Period:	FY 2015
Governing Body:	Texas Water development board
What’s it worth?:	$50 million

This program provides grants and/or loans to eligible participants for the administration of water and wastewater services to economically distressed areas. Funds may be used for homes economically distressed areas which include areas that:

Have poor quality water supply or sewer services
Do not have finances to service water supply or sewer services needs
Was established after June 1, 2005

Participating homes cannot have a household income greater than 75% of the median state household income.

Awarded applicants are required to fund system operation and maintenance of the project. Grant funds from this program may be used for:

Planning
Land acquisition
Design
Construction
New services
Water supply and wastewater improvements
Treatment works
Engineering work

All participants must have a defined plan to operate and maintain the completed system to eligible for grant and loan funds under this program. Eligible participants include:

Subdivisions
Cities
Counties
Water districts
Nonprofit water supply corporations