News Release
Release No.STELPRD4013087
ContactDarin Leach515-284-4747
(NOVEMBER 15, 2011) USDA RURAL DEVELOPMENT AWARDS $55,161 HOUSING PRESERVATION GRANT TO CHARLES CITY AREA DEVELOPMENT CORPORATION
USDA Funds to Assist an Estimated 40 Homeowners in Floyd County with Installation of New Energy-Efficient Furnaces
Iowa Falls, Nov 15, 2011 --

@@IOWA FALLS, Iowa – November 15, 2011 –Representatives from USDA Rural Development’s Iowa Falls Area Office today presented Charles City Area Development Corporation a Housing Preservation Grant totaling $55,161 to assist an estimated 40 homeowners in Floyd County with the installation of new energy-efficient furnaces.

Accepting the grant on behalf of Charles City Area Development was Tim Fox.

“We are pleased to be providing these grant funds to Charles City Area Development that will help many families make needed improvements to their homes,” said Bill Menner, USDA Rural Development State Director in Iowa Menner. “It is through housing programs such as this one that we can ensure as many rural Iowans as possible have access to adequate housing.”

Housing Preservation Grants are provided to intermediaries such as town or county governments, public agencies, federally recognized Indian Tribes, and non-profit and faith-based organizations. The grants are then distributed from intermediaries to homeowners or owners of multi-family rental properties or cooperative dwellings who rent to low- and very-low-income residents.

The grants may be used to make general repairs such as installing or improving plumbing or providing or enhancing access to people with disabilities. Funds can also be used to weatherize and make homes more energy-efficient.

Other organizations receiving Housing Preservation Grant funds in Iowa this year include Upper Explorerland Regional Planning Commission Housing - $51,161, South Central Iowa Community Action Program- $55,161 and Iowa Northland Regional Council of Governments - $55,161.

“Ensuring that all Iowans living in rural communities have decent, safe and affordable housing has been a top priority of USDA Rural Development for many years,” Menner said.

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 Iowa Falls at (641) 648-5181 Ext. 4. This office serves communities, businesses and residents in Butler, Cerro Gordo, Floyd, Franklin, Grundy, Hardin, Marshall, Mitchell, Tama and Worth Counties.

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.

# # #