Core Insights - Global Water Resources, Inc. recognizes Arizona's Assured Water Supply "Ag-to-Urban" program as a transformative development for water sustainability, housing, and economic growth in the state [1] Group 1: Program Overview - The Ag-to-Urban program allows landowners to convert water rights from agricultural to municipal use, facilitating new development while reducing pressure on aquifers [2] - The program is designed to support the conversion of up to 384,000 acres of agricultural land, potentially enabling the construction of over 1 million new homes [5] Group 2: Company Impact - The initiative is expected to significantly benefit Global Water's utilities, GW-Santa Cruz and GW-Palo Verde, which collectively represent over 56,000 active service connections, approximately 87% of the company's total [4] - The program aligns with the company's strategic focus on Total Water Management (TWM), enhancing its ability to serve additional potential service connections [6] Group 3: Water Management and Sustainability - Irrigation for agriculture accounts for about 74% of Arizona's water supply, highlighting the importance of the Ag-to-Urban program in addressing water scarcity [5] - Global Water has been recognized for its effective implementation of TWM, which integrates water, wastewater, and recycled water management to maximize conservation [8]

PHOENIX, July 16, 2025 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, today recognized the recent passage of Arizona’s Assured Water Supply “Ag-to-Urban” program as a transformative development for water sustainability, housing, and economic growth across the state. The program allows landowners who cease agricultural operations to convert their water rights to the municipal sector for use in new development. By supporting the conversion of i ...