|(NOVEMBER 12, 2011) USDA RURAL DEVELOPMENT PARTICIPATES IN DEDICATION OF WIND TURBINE AT LUTHER COLLEGE IN DECORAH|
|Wind Turbine Expected to Generate One-Third of the Electricity Used on Campus Each Year|
|Decorah, Nov 12, 2011
“We are pleased to be assisting with this wind turbine project in Decorah that will help increase our nation’s energy security, as well as protect our environment,” said Bill Menner, USDA Rural Development State Director in Iowa . “At USDA we are continually working to lead the way for a clean energy future for our county.”
USDA Rural Development provided Luther College Wind Energy Project LLC with a $500,000 grant to assist with the purchase and construction of the turbine. The project also received a $928,200 guaranteed loan from USDA Rural Development.
The wind turbine is expected to generate enough electricity to power more than 500 homes, or one-third of the electricity used on the Luther College campus each year.
This past year USDA Rural Development’s investment in Iowa helped create or retain more than 1,900 jobs, aided 2,000 families in buying their own homes and assisted more than 80 communities as they made improvements to their facilities, services and infrastructure.
“If you have a project that create jobs, improves community services and safety, helps a business become more energy efficient, or gives a family the opportunity to achieve the American dream, please contact us today,” Menner added.
Contact USDA Rural Development
For more information about finance programs through USDA Rural Development, please call the office located in Waverly at (319) 352-1715 Ext. 4. This office serves communities, businesses and residents in Allamakee, Black Hawk, Bremer, Buchanan, Chickasaw, Clayton, Delaware, Fayette, Howard and Winneshiek Counties.
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USDA Rural Development Participates in Dedication Ceremonies in Decorah… page 2
USDA Rural Development has 11 offices across the state to serve the 1.7 million Iowans living in rural communities and areas. Office locations include a State Office in Des Moines, along with Area Offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.
Further information on programs available through USDA Rural Development is available by visiting the agency’s web site at www.rurdev.usda.gov/ia.
USDA Rural Development is an equal opportunity lender with a variety of grant and direct and guaranteed loan programs for single and multi-family housing, community facilities, water and sewer development and business and industry programs.
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