Financing nature-based flood mitigation projects with Texas’ Flood Infrastructure Fund – Hill Country
The Hill Country is no stranger to flooding. In 2015, the Memorial Day flood brought devastating rains to the region. As flood events grow stronger and more frequent, it is more important than ever to take advantage of opportunities to protect our citizens and natural heritage from these events.
Senate Bill 7, established by the Texas Legislature in 2019, created the Flood Infrastructure Fund (FIF). The FIF is an important step towards building a more resilient Texas. Last fall, Texas voters approved a constitutional amendment to allocate $793 million to the FIF for structural and nonstructural flood mitigation projects, to be administered by the Texas Water Development Board (TWDB).