Agriculture Secretary Sonny Perdue today announced that USDA invested in nearly 400 projects to provide essential services for more than 7 million people in rural areas across the country in Fiscal Year 2017.
“Partnering with our small towns and cities to support essential services that rural residents need is one way USDA is facilitating prosperity in rural America,” Perdue said. “USDA’s investments will help communities significantly improve their schools, hospitals and public safety facilities, and improve the quality of life.”
USDA infused $1.5 billion into rural areas in 2017 through the Community Facilities Direct Loan Program for projects such as schools, libraries, municipal centers, first responder vehicles and equipment, social service buildings, recreational activities and other community needs. These investments are helping nearly 7 million rural residents.
In Fiscal Year 2017, USDA supported projects in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Illinois, Indiana, Kansas, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, North Carolina, North Dakota, Nebraska, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wisconsin and Wyoming.
Indiana recipients are:
- The City of Bedford received a $3,550,000 loan to construct a community arts and educational center.
- The Town of Montezuma received a $17,500 loan to assist in the purchase of a fire truck.
- Rosedale Volunteer Fire Department received a $121,700 loan to purchase a fire truck.
- Oakland City University received a $12 million loan to construct and transfer debt of campus buildings consisting of student housing and other mixed used space for the school and community.
- Ashbury Holdings received a $55 million loan to transfer debt of construction of DePauw University campus buildings to the Holding Company. This transaction will allow the University to focus resources on academics.
In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump, which included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America. To view the report in its entirety, please view the Report to the President of the United States from the Task Force on Agriculture and Rural Prosperity. In addition, to view the categories of the recommendations, please view the Rural Prosperity infographic.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community services such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.