Texas Water Development Board Approves $2,000,000 in Financial Assistance to the Sandy Land Underground Water Conservation District to Finance Water-Efficient Irrigation System Improvements
AUSTIN, Texas, Feb. 24 -- The Texas Water Development Board issued the following news release:
The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of a $2,000,000 loan to the Sandy Land Underground Water Conservation District (Yoakum County) from the agriculture water conservation loan program to provide financing for irrigation system improvements.
The Sandy Land Underground Water Conservation District will use the funds to provide loans to area farmers to purchase water-efficient center pivot irrigation systems, sprinkler package conversions, and drip irrigation systems. Since 1992, TWDB has made 22 loans to this district for a total of over $15 million to help area producers reduce their water use. The district has approximately 110,000 acres of irrigated land. Principal crops grown in the area include wheat, grain sorghum, and corn. These funds will allow agricultural producers to increase their water conservation efforts.
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