USDA Rural Development announces that the Village of Burchard, Nebraska is the recipient of $346,000 through a water loan and grant to make water improvements.
“The Village of Burchard is very appreciative of USDA Rural Development’s financial assistance that will help out our small town,” said Board Member Matthew McHenry, Village of Burchard. “We look forward to the start of the project.”
“Rural Development funds will help the Village of Burchard to improve its water system,” said USDA Rural Development Community Programs Specialist Luann Brown. Currently, the village has abandoned service lines that are nearly 80 years old. When there is a water leak, the village has to shut off the water to the entire town, where more than 20% water loss occurs. Additionally, the water tower needs repairing and repainting and water meters needs to be installed.”
The Water & Waste Disposal Loan and Grant Program provides funding for clean and reliable drinking water systems, sanitary sewage disposal, sanitary solid waste disposal, and storm water drainage to households and businesses in eligible rural areas.
The $87,000 loan is for 40 years at a 1.375 rate of interest.
For more information contact Luann Brown at 402-437-5571 or luann.brown@ne.usda.gov.
Visit https://www.rd.usda.gov/programs-services/water-waste-disposal-loan-grant-program/ne.