Binational bank launches $400M fund for border water projects as Rio Grande Valley faces worsening drought
Cracked soil and wilting crops are visible on a San Juan farm, where irrigation pipes now sit dry amid months of limited water allocations. The North American Development Bank’s new $100 million Water Resiliency Fund aims to help districts modernize systems like these to reduce losses and improve efficiency. Photo Credit | Kristen Mosbrucker-Garza

Rio Grande Valley communities have now been in a state of emergency over drought conditions for more than a year.

It’s a reality that’s hampered the agriculture industry and put municipal leaders on notice to improve their strategy to ensure clean drinking water for the long-term – or face a growing population without access to the resource essential for life. 

Cabbage grows on an organic farm along the side of a road near San Juan, Texas.
Cabbage grows on an organic farm near San Juan, Texas.
Photo Credit | Kristen Mosbrucker-Garza

The North American Development Bank (NADBank) is there to help communities combat the water issue. The binational bank — funded by both the federal government of U.S. and Mexico — is dedicated to improving the quality of life and tackling environmental issues.

NADBank leaders visited McAllen on Thursday to share details about the new Water Resiliency Fund, a grant program open to irrigation districts across Hidalgo, Cameron, Starr and Willacy counties. 

Continue Reading

  • Free registration in just a minute
  • Unlock more free articles each month

This article is available to subscribers only. Sign up for free to continue reading.


Daily Business Update

Get the latest business news delivered to your inbox every morning for free.

    Special Offer: $1/week

    Daily stories, expert reporting, and unlimited access

    Subscription renews December 31, 2025 at $9.95/mo

    Reynosa’s home team returns to professional baseball after almost a decade

    October 5, 2025 • 1 min read

    Fans have one more chance to see the Mexican Pacific League’s Venados de Mazatlán face Reynosa’s selection team Sunday.... Read more »

    Fewer immigrants entering U.S. workforce could affect Valley labor trends, Dallas Fed analysis shows

    October 14, 2025 • 4 min read

    As labor growth slows nationwide, Valley employers may face tighter hiring pools and new pressure to raise productivity.... Read more »