SHELBY, N.C., Feb. 17, 2023 – Members of the USDA Rural Development North Carolina team with federal and local officials participated in a groundbreaking ceremony at Pinnacle Classic Academy today.
Rural Development is investing a $15 million Community Facilities Loan to construct an addition to the school facility currently owned and operated by Pinnacle Classical Academy, Inc.
“We are excited to be part of the continued expansion of Pinnacle Classic Academy,” said Rural Development State Director Reginald Speight. “This new facility will provide these rural students the opportunity to engage in athletic activities to help develop strength and character. These lessons will carry with them through their lives.”
The new building will feature:
• Locker rooms
• Multi-purpose areas.
The project is an essential community facility that will allow 300 new students to attend from the rural areas of Cleveland County.
The objective of the USDA Rural Development Community Facility Loans and Grants Program is to provide affordable funding to develop essential community facilities in rural areas.
Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunities, create jobs and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural, Tribal and high-poverty areas. For more information, visit www.rd.usda.gov. If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page.
USDA touches the lives of all Americans each day in so many positive ways. Under the Biden-Harris Administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, promoting competition and fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate-smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
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