In the East Region, the Houston District currently has four State Infrastructure Bank (SIB) loans.

SIB loan interest rates are based on credit of the borrower, years borrowed and the Municipal Market Index at the time of SIB application.

Houston District
Borrower County Project Minute Order & Date Interest Rate % Loan Length Project Estimate SIB Loan
Magnolia Montgomery County Utility relocation along
FM 1774
114905
04/27/2017
3.15 15 years $1 million $1 million
Harris County MUD* No. 50
Harris County Utility relocation along
FM 1942
114744
10/27/2016
1.50 3 years $530 thousand
$150 thousand
Magnolia
Montgomery County Utility relocation along FM 1774 to north of FM 1488
112846
09/29/2011
3.00 15 years $9.9 million $2 million
Brazoria
Brazoria County Utility relocation along
SH 332
111004
07/26/2007
3.70 14 years $269 thousand
$196 thousand

*Municipal Utility District

 

Divisions