Texas Water Trade seeks to accelerate and expand the use of voluntary water transactions to restore flow in priority Texas basins. These are practices that temporarily or permanently restore environmental flows by reducing existing consumptive uses of water or by modifying water management systems.
Recognizing the current shortage of funds available for environmental water transactions in the state, Texas Water Trade has structured its own funding resource, the Texas Flows Fund, to support projects that commit water to environmental needs. The Texas Flows Fund is designed to make funding available to any nonprofit advancing an environmental water project. Funds are exclusively limited to the acquisition of water, whether through temporary contract or permanent acquisition.
Please see the Request for Proposals for complete details and read the accompanying Flows Restoration Accounting Framework (FRAF). Proposals will be accepted until 5:00pm CT on February 19, 2021. An informational webinar will be held on January 12, 2021. Please email Chris Rosales for webinar details.