USDA Rural Development Loan Dollars Ready to Assist

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Posted: Monday, April 9, 2012 9:45 pm

LINCOLN, Neb. -- The U.S. Department of Agriculture Rural Development announced that it has nearly $13.3 million in loan funds to assist rural communities with their community facility projects.

Projects can range from a fire and rescue building and equipment, streets, utilities, community center, library, senior citizen center, day care, airport, industrial park, hospital, clinic, nursing home, assisted living facility and more.

Those eligible to apply are non-profit groups, public entities i.e. municipalities, counties, nonprofit corporations, special purpose districts and Federally Recognized Native American Tribes. The project must be located in a community of population 20,000 or less.

Recently, the Fillmore County Hospital in Geneva, Neb., had its grand opening for the newly built $18.5 million hospital. The hospital serves 6,634 residents in the service area. USDA Rural Development provided a loan of $12.6 million through the American Recovery and Reinvestment Act. The new hospital has 56,587 sq. ft., including an 8,471 sq. ft. medical office building. The facility is designed to provide the same services that were provided at the previous hospital. The prior hospital was no longer functional in the delivery of quality health care.

Also, the city of Auburn broke ground recently for the Auburn Memorial Library’s expansion. The library serves 3,350 rural residents. USDA Rural Development provided a loan of $100,000 to the Auburn Memorial Library Foundation, Inc. for the library expansion project. The Auburn Memorial Library is adding 1,340 sq. ft., due to the increased use of the library.

SOURCE: U.S. Department of Agriculture

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