Loans - East Region
In the East Region, the Houston District currently has five 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. (Some districts may not have SIB loans.)
| Borrower | County | Project | Minute order & date | Interest rate % | Loan length | Project estimate | SIB loan |
|---|---|---|---|---|---|---|---|
| Cameron | Milan County | FM 845 | 116216 03/31/2022 |
1.45 |
10 years | $275 thousand | $275 thousand |
| Borrower | County | Project | Minute order & date | Interest rate % | Loan length | Project estimate | SIB loan |
|---|---|---|---|---|---|---|---|
| Cut and Shoot | Montgomery County | FM 105 E Widening | 116184 01/27/2022 |
2.40 | 20 years | $4.6 million | $4.6 million |
Magnolia |
Montgomery County |
Utility relocation along FM 1488 |
115950 |
1.50 |
15 years |
$1.09 million |
$892 thousand |
| Magnolia | Montgomery County | FM 1488 Widening, FM 1774 to FM 149 | 116183 01/27/2022 |
1.47 | 15 years | $2.8 million | $2.8 million |
| Seabrook | Harris County | SH 146 | 115264 07/26/2018 |
3.15 | 20 years | $350 million | $3.7 million |
| West Columbia | Brazoria County | SH 36 (Segment 10) | 115750 05/28/2020 |
2.04 | 20 years | $82 million | $770 thousand |
| Borrower | County | Project | Minute order & date | Interest rate % | Loan length | Project estimate | SIB loan |
|---|---|---|---|---|---|---|---|
Diboll |
Angelina County |
US 59 Relief route from FM 2108 to 1.15 miles South of White Oak Creek |
115931 |
0.76 |
10 years |
$142 million |
$225 thousand |
Redland WSC* |
Angelina County |
Utility relocation for widening of US 59 |
115987 |
2.39 |
15 years |
$507.7 thousand |
$504.7 thousand |
Corrigan |
Polk County |
Utility relocation along, US 59 – Corrigan Bypass |
116356 |
3.75 |
20 years |
$452 thousand |
$400 thousand |
Crockett |
Houston County |
11 various projects |
116355 |
2.56 |
20 years |
$6 million |
$6 million |