USDA Rural Development announces that the Village of Mead, Nebraska is the recipient of more than $3.3 million through a water loan and grant leveraged with $165,000 from the Village to make water improvements.
“The board is excited to get the water project moving forward. The current water tower is over 100 years old and adding the water treatment plant will help bring a better quality of water to the community,” said Board Member Shawn Havelka, Village of Mead.
“Rural Development funds will help the Village of Mead to improve its water system,” said USDA Rural Development Community Programs Specialist Janice Stopak. The Village of Mead contains arsenic in its water source that will be removed by the construction of a treatment plant. The Village needs a larger water tower which will allow the village to meet its daily demands.
The Water & Waste Disposal Loan & 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 $2,425,000 loan is for 40 years at 1.875% interest.
For more information contact Janice Stopak at 402-437-5743 or Janice.stopak@ne.usda.gov.
Visit https://www.rd.usda.gov/programs-services/water-waste-disposal-loan-grant-program/ne.