USDA Rural Development Invests $188 Million in Nevada in 2016

Winnemucca Waste Water Treatment Plant
(775) 887-1222 x130

USDA Rural Development (USDA RD) invested over $188 million in support of housing, community facilities, water systems and businesses in rural Nevada in FY 2016. More than 600 families were able to purchase homes using either the Guaranteed or Direct Home Loan Program in 2016. Affordable housing investments totaled $133.4 million for purchases, repair, or rental assistance in rural communities. Nearly all of Nevada is eligible for the very popular home loan programs, with the exception of metropolitan Carson City, Washoe and Clark counties.

The agency's Water and Environmental Program obligated over $20 million in FY 2016 to build a wastewater treatment plant in Winnemucca. The new mechanized system will be located out of the Humboldt River watershed and applies water saving methods that will benefit area farmers.

In 2016, the agency's Community and Business Programs both broke records. The Community Facilities Program invested over $16 million to support essential community facilities like the Churchill County Detention Center as well as many small community investments, such as senior vans and patrol vehicles. 

The Business and Industry Loan Guarantee Program had its best year yet, with more than $18 million in loan guarantees.  Tourism in rural areas benefitted from a multitude of guaranteed loans for hotels and resorts, including an $8.2 million loan guarantee for Charm Hospitality's Holiday Inn Express in Elko and a $3 million guaranteed loan for the Comfort Inn in Fallon.  The Value Added Producer Grant provided $99,499 to local producers to assist them with marketing and outreach efforts.

Across all programs, the agency has focused attention on highest need communities where unemployment is high and household income is low.  The agency's Community and Economic Development staff worked in depth with the Moapa Tribe to develop a strategic plan, the town of Beatty regarding nutrition and banking issues, Tonopah to assist with formation of a youth commission and enhanced interchange with the Great Basin College.  A Tribal Economic Development Forum was held Jan. 10, 2017 in Fallon.

USDA Rural Development has offices in Carson City, Fallon, Las Vegas and Elko. For more information, contact the state office at (775) 887-1222 or visit the USDA RD website at https://www.rd.usda.gov/nv

Last Modified: 01/31/2017