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. (Some districts may not have SIB loans.)
| 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 | |||||||
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