HARRISBURG, PA – Jan. 28, 2011 – USDA Rural Development State Director Thomas Williams announced the selection of Greg Greco to lead the agency’s Business Programs throughout the state. In fiscal year 2010, Rural Development’s programs invested more than $956 million to rural communities throughout the Commonwealth.
Greg is a 1982 graduate of Rutgers University and a 1992 graduate of Mount Saint Mary’s University, Emmitsburg, Maryland with a master’s degree in finance. He has twenty-five years of experience in lending and finance. He began his lending career with the USDA Farmer’s Home Administration in New Jersey as an agricultural lender, and then worked with banks in Pennsylvania as an agricultural, commercial and corporate lender. He has also worked in the investment and insurance industry. Greg rejoined Rural Development in 2004 as a business specialist, with responsibilities for developing business and industry guaranteed loans in rural Pennsylvania.
The Business Programs Division provides loans, grants and loan guarantees for educational opportunities, training, technical support, and tools for rural residents to start small businesses and to access jobs in agricultural markets, the green economy, and other existing markets, as well as acquire training in vocational and entrepreneurship skills they can use in the marketplace and business sector.
Through its Rural Development mission area, USDA administers and manages more than 40 housing, business and community infrastructure and facility programs through a network of approximately 110 employees located in 11 offices throughout the Pennsylvania. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers, and ranchers and improve the quality of life in rural America. For more information visit http://www.rurdev.usda.gov/pa.