The water utility in Soto la Marina, Tamaulipas, to receive US$250,000 grant from the North American Development Bank. Approximately 135 residents to have first-time access to water service.
San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. Fitch’s annual rating assessment reflects the Bank’s excellent capital position, controlled asset growth and strong risk management with conservative limits for leverage and liquidity.
NADB provided US$1.89 million construction grant for wastewater collection components and sewer connections. The project provides first-time services to colonias in Hidalgo County, Texas.
Brownsville, Texas – A ribbon-cutting ceremony took place this afteroon to commemorate the completion of a wastewater collection system and residential connections in the FM 511-802 Colonias to provide service to more than 2,200 residents in the southeastern area of the city of Brownsville, Texas.
The North American Development Bank and water utility in Camargo, Tamaulipas, have signed a US$2.53 million grant agreement. It will benefit 8,819 residents.
North American Development Bank and Mercader Financial, S.A., SOFOM, E.R., sign agreement for US$20 million loan increase.
San Antonio, TX – The North American Development Bank (NADB) and the Whetstone Water Improvement District (WWID) have signed a $500,000 Community Assistance Program (CAP) grant to support the construction of a new well and installation of a water main to connect the well to the distribution system.
Grant funds are administered by the North American Development Bank. Senator Cornyn and Congressman Henry Cuellar (TX-28) helped secured federal funding for EPA’s US-Mexico Border Water Infrastructure Program (BWIP).
Santa Teresa, New Mexico – A ribbon-cutting ceremony to commemorate the completion of the new US$12.7-million wastewater treatment plant for the town of Sunland Park took place this afternoon at the plant.
Socorro, Texas. – Residents of the Cotton Valley neighborhood in Socorro, Texas now have sewer service thanks to a wastewater project funded by the U.S. Environmental Protection Agency (EPA) through the Border Environment Infrastructure Fund (BEIF), which is administered by the North American Development Bank (NADB). This morning, community members joined U.S. Representative Texas District 23 Will Hurd, Texas State Senator Jose Rodriguez, North American Development Bank (NADB) Managing Director Alex Hinojosa, EPA Region 6 Water Division Deputy Director David Garcia and Lower Valley Water District (LVWD) officials to celebrate the completion of a wastewater collection system that is providing first-time service to more than 200 residents of this Lower Valley community.