|(OCTOBER 4, 2011) THREE ALASKA PROJECTS TO RECEIVE COMMUNITY FACILITIES PROGRAM FUNDING|
|Anchorage, AK, Oct 04, 2011
@@ USDA Rural Development Alaska State Director Jim Nordlund today announced three projects will receive USDA-RD Community Facilities Program funding. Two grants totaling $230,400 and a direct loan of $2,996,200 will provide investments in communities; one of these is Barrow, which is located in the northernmost point of Alaska.
“In this round of funding we have enhanced emergency medical services in the Y-K Delta, added to the transportation infrastructure in Southeast and improved educational facilities on the North Slope. This exemplifies USDA Rural Development’s continued commitment to our rural communities by assisting their access to basic community facilities," Nordlund said.
Funding through USDA Rural Development Community Facilities Program to individual recipients is contingent upon meeting the terms of the loan or grant agreement. USDA Rural Development's Community Facilities Program helps finance essential community facilities for public use in rural areas.
Community Facilities Program Alaska Director Merlaine Kruse shares, “Community facilities include child care centers, hospitals, medical clinics, emergency medical services equipment, ambulances, assisted-living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation. Through this program, USDA-RD makes certain that such facilities are available to all rural residents. These funds are available to public bodies, non-profit organizations and federally recognized tribes.”
The following Alaskan projects received USDA Rural Development Community Facilities Program funding.
Yukon-Kuskokwim Health Corporation – To purchase emergency medical services equipment; $25,400 grant
North End Port Authority – To purchase a ferry vessel for public transportation in Southeast Alaska; $2,996,200 direct loan
Ilisagvik Tribal College – To modernize on-campus cultural and educational facilities; $205,000 grant through a special set-aside grant for tribal colleges.
Rural Development has an existing portfolio of more than $155 billion in loans and loan guarantees. 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