Syracuse, NY, Feb 08, 2012 -- Today, USDA Rural Development State Director Jill Harvey announced a $50,000 grant and a $513,850 loan to the Village of Bath. Funds will be used to purchase two fire trucks that will serve the Bath area. Today’s announcement is the second phase of funding for this new equipment. In July 2011, the village received a loan for $202,150 for the new trucks.
“These fire trucks will be instrumental in ensuring the safety of Bath residents. The two additional vehicles will be able to help Bath’s fire station act more quickly and efficiently. On behalf of Rural Development, we are proud to contribute to the village of Bath by offering essential safety tools through our Community Facilities Program”, said Jill Harvey.
Through its Community Facilities program, Rural Development can finance projects like hospitals, day cares, fire halls, emergency response vehicles, medical equipment, town halls, schools, assisted living and emergency response equipment. Financing is available through direct loans, loan guarantees and grants. All public bodies, Indian tribes and nonprofits with a service area of 20,000 residents or less qualify for funding. Rural Development has invested about $141 million through the Community Facilities program since 2001.
USDA Rural Development's mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure. Further information on rural programs is available by visiting Rural Development’s web site at http://www.rurdev.usda.gov/ny.