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State Infrastructure Bank (SIB) - Pharr District

Cameron County

Borrower Project Interest Loan Length Start Date Status Project Estimate SIB Loan
Olmito Water Supply Corp. FM 511 - Utility relocation 3.85 % 20 years   Underway $44 million $600,000

Hidalgo County

Borrower Project Interest Loan Length Start Date Status Project Estimate SIB Loan
Hidalgo County Mile 2 W Road construction 3.75 % 8 years   Underway $2.4 million $1.2 million
Hidalgo County FM 1015 - Reconstruction 3.75 % 8 years   Underway $10.08 million $1.38 million
Mission Redevelopment Authority Anzalduas Road /
FM 396 Extension
3.85 % 15 years   Underway $41.68 million $3 million

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