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Agricultural News


Tahlequah to Receive $642,000 Loan for Construction Project Through USDA Rural Development

Wed, 28 Nov 2018 13:15:47 CST

Tahlequah to Receive $642,000 Loan for Construction Project Through USDA Rural Development Assistant to the Secretary for Rural Development Anne Hazlett today announced that the U.S. Department of Agriculture (USDA) is investing $291 million (PDF, 142 KB) to build or improve community infrastructure and essential services for 761,000 residents in 18 states and the Commonwealth of Puerto Rico - including one project in Oklahoma for residents of the Tahlequah area community.


“Modern community facilities and infrastructure are key drivers of rural prosperity,” Hazlett said. “As partners to municipal, tribal and nonprofit leaders, we are investing in rural communities to ensure quality of life and economic opportunity now and for generations to come.”


USDA is investing in 41 projects through the Community Facilities Direct Loan Program. The funding helps rural small towns, cities and communities make infrastructure improvements and provide essential facilities such as schools, libraries, courthouses, public safety facilities, hospitals, colleges and day care centers. For example:


- The Tahlequah Area Habitat for Humanity Inc. in Oklahoma will receive a $642,100 loan to purchase land and construct a building where donated items will be received and sold. The project will combine the home improvement and clothing stores in a single location. The store will provide Tahlequah’s 15,753 residents with access to quality household goods and clothing at discounted prices.


- In the Leino Park Water District of Massachusetts, a $1.1 million loan will be used to replace a dilapidated bridge. This project will address an urgent public safety hazard affecting 7,277 residents.


- In North Carolina, the city of Rockingham will use a $6.7 million loan to construct a 40,000-square-foot building. The city will own the building and lease it to Richmond Community College to provide space for the School of Business and Information Technology. This project will benefit the area’s 9,558 residents.


The projects announced today will help improve the quality of life in rural areas in Alaska, Alabama, Delaware, Florida, Georgia, Indiana, Kansas, Massachusetts, North Carolina, North Dakota, Nevada, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Virginia, and Washington.


More than 100 types of projects are eligible for Community Facilities program funding. Eligible applicants include municipalities, public bodies, nonprofit organizations and federally and state-recognized Native American tribes. Applicants and projects must be in rural areas with a population of 20,000 or less. Loan amounts have ranged from $10,000 to $165 million.


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. These findings included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America. Increasing investments in rural infrastructure is a key recommendation of the task force.


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 (PDF, 5.4 MB). In addition, to view the categories of the recommendations, please view the Rural Prosperity infographic (PDF, 190 KB).


Source - USDA Rural Development



   

 

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