USDA Rural Development announces the funding of $926,000 to the Village of Ohiowa leveraged with $230,000 in other funding for water system improvements.
“The Village of Ohiowa is appreciative to USDA Rural Development for assisting us in updating our water system,” said Board Chairman Gary Bulin, Village of Ohiowa. “The water improvements will replace our current distribution system and provide for a new well, hydrants and valves plus the installation of a standby generator.”
“The Village currently only has one operational well, an undersized elevated tank and no standby power. With this project it will have another operational well, a proper sized elevated tank and a generator to suit the needs of the Village,” said USDA Rural Development Community Programs Specialist, Luann Brown.
USDA Rural Development’s funding announced today is a $416,000 loan and $510,000 grant. The loan will be repaid over 40 years at a 1.625 percent rate of interest.
The project was funded through the USDA Rural Development Water & Waste Disposal Loan and Grant program. Visit: http://www.rd.usda.gov/programs-services/water-waste-disposal-loan-grant-program/ne.
For more information, contact Luann Brown at 402-437-5571 or Luann.email@example.com.
President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values.