A new era of service to seniors took a giant step closer to becoming a reality today in Augusta Wis., and the surrounding communities, when Augusta Area Home, Inc., in partnreship with USDA Rural Development, broke gound on a new senior care facility.
Augusta Area Home, Inc. is constructing a new 50-bed skilled nursing facility and 12-bed community based residential facility. The new state-of-the art facility will allow Augusta Area home to compete with other facilities in the region. The facility will serve the City of Augusta, Wis. and surrounding townships.
“Augusta Area Home, Inc. has established a strong reputation in West Central Wisconsin for providing a high level of care and skilled services to the residents of their facility. They are a worthy recipient of the resources and support Rural Development is providing,” said USDA Rural Development Wisconsin Community Programs Director, Brian Deaner. “Quality hospitals, schools and libraries are the building blocks for a vibrant rural America, and partnering together on this critical community asset reflects the commitment of local leaders to see this project through.”
USDA Rural Development awarded Augusta Area home, Inc. a $7.9 million Direct Loan and a $2,215,000 Loan Guarantee, provided by AgStar Financial, under the Community Facilities Program Area. The funds, leveraged with $900,000 from the Center’s own funds and a $375,000 Community Development Block Grant from the State of Wisconsin, will complete the $11.3 million project.
Augusta Area Home, Inc. currently operates a skilled nursing facility that was built in the 1940’s. The facility has very few semi-private or private rooms, which are rapidly becoming the industry standard, and is no longer to meet the needs that clients and families are seeking.
USDA Rural Development’s Community Facility Programs provides financial assistance for the development of essential community facilities in rural areas and towns of up to 20,000 in population. Loans, guarantees and grants are available to public entities for the construction, purchase, and/or renovation of various essential community facilities. These facilities include schools, libraries, childcare centers, hospitals, medical clinics, assisted living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation projects.
USDA Rural Development’s funding continues to have a dramatic impact on rural communities across Wisconsin. Since 2009, USDA Rural Development has invested more than $4.5 billion on essential public facilities, small and emerging businesses, water and sewer systems, and housing opportunities for Wisconsin families. Each year more than 100 rural communities in Wisconsin receive assistance from USDA Rural Development for community-improvement and public-safety projects.
USDA Rural Development’s mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As the lead federal agency for rural development needs, USDA Rural Development returned over $838 million dollars this past year to rural Wisconsin communities. Funds are used to finance and foster growth in homeownership, business development, and critical community and technological infrastructures. Further information on USDA Rural Development programs is available at a local USDA Rural Development office or by visiting the web site at http://www.rurdev.usda.gov/wi.