The North American Development Bank in San Antonio will provide $16.5 million toward a $29.2 million water and wastewater treatment plant in Mexico to benefit Rio Bravo and Nuevo Progresso.
The plant is certified by the Border Environment Cooperation Commission, which works with impoverished communities on both sides of the Rio Grande to improve environmental conditions.
The NADB will provide 56% of the funding, along with $12.8 million from the Border Infrastructure Fund under the control of the U.S. Environmental Protection Agency.
The BECC has certified 138 environmental projects on both sides of the border worth about $2.95 billion and affecting about 12 million residents. The NADB provides $975 million in loans and grants to partially finance 119 of the projects.
