|BUFFALO LAKE HEALTHCARE CENTER EXPANSION UNDERWAY WITH RURAL DEVELOPMENT FUNDS|
|BUFFALO LAKE, Mar 24, 2011
@@A major construction project at the Buffalo Lake Healthcare Center (BLHC) officially kicked off today with a ceremony attended by USDA Rural Development State Director Colleen Landkamer. Landkamer officially awarded a $2,592,000 direct loan and a $275,000 loan guarantee that will finance the first phase of the project.
“Access to quality healthcare facilities builds strong rural areas by increasing economic development opportunities and adding quality jobs,” Landkamer said. “This project improves an already excellent facility and ensures it will continue providing quality healthcare services well into the future.”
Construction is expected to begin in late summer or early fall on an addition that will add 14 private rooms and additional common space to the existing nursing facility. The additional rooms mean that the most of the facility’s 49 beds will be in private rooms. A portion of the funding also refinanced BLHC’s existing debt at lower interest rates and longer payment terms.
“We feel very fortunate that we were able to partner with USDA Rural Development on this project," said Mark Rust, BLHC Administrator."This project will help us to better meet the healthcare needs of the residents we serve and to improve their overall quality of life."
The funding comes from Rural Development’s community facilities program, which finances essential buildings and equipment in rural areas of 20,000 people or less. Examples of projects include hospitals, fire halls, emergency response vehicles, libraries and community centers.
In addition to community facilities, Rural Development also finances rural infrastructure, business development, renewable energy and housing. To learn more about Rural Development funding opportunities, call the area office in Willmar at (320) 235-3540, ext. 4..
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Director, Office of Civil Rights, 1400 Independence Ave., S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).