Qualified Energy Conservation Bonds (QECBs) were first authorized by Congress in 2008 with a national volume cap limit of $800 million. The American Recovery and
Reinvestment Act of 2009 (ARRA) increased the QECB volume cap by $2.4 billion to a total of $3.2 billion. Texas was allocated
$252,378,000.
The state must award allocations to large municipalties before the authority can
be utilized. A list
of cities and counties who received an allocation can be found here. Below is a list of additional resources and documents needed to file an application
for authority.