Lexington, KY, Sep 28, 2012 -- USDA Rural Development State Director Tom Fern will be in Nicholasville today to announce funding for a new water storage tank for Jessamine County Water District No. 1. Fern will present a ceremonial check in the amount of $945,000 to Chairman Carl Waits, who will be joined by Congressman Ben Chandler and other state and local officials.
Rural Development has awarded the water district a low-interest loan in the amount of $945,000. The project includes plans used to construct a new one million gallon water storage tank, a pump station and approximately 2,000 LF of water line in order to provide adequate pressure and a safe and dependable water supply for the residents of Jessamine County’s No.1 water district.
“Rural Development’s support for infrastructure projects reflects our commitment to ensuring rural communities can create jobs, attract businesses and provide essential services to residents,” said Fern. “The local, state and federal officials representing Jessamine County have worked in concert to make this project a reality, ensuring that these communities can provide adequate water service to residents and businesses while also planning for future needs and enhancing opportunities for economic development.”
The total project cost is estimated at $3 million and other funding includes a $1.95 million grant from the Kentucky Infrastructure Authority and an applicant contribution of $105,000.
Rural Development’s Water and Environmental Programs (WEP) provide loans, grants and loan guarantees for drinking water, sanitary sewer, solid waste and storm drainage facilities in rural areas and cities and towns of 10,000 or less. Public bodies and non-profit organizations may qualify for assistance. Rural Development also makes grants to nonprofit organizations to provide technical assistance and training to assist rural communities with their water, wastewater, and solid waste problems. For more information, go to http://www.rurdev.usda.gov/UWEP_HomePage.html.
For additional information on RD projects, please visit Rural Development’s new interactive web map featuring program funding and success stories for fiscal years 2009-2011. The data can be found at: http://www.rurdev.usda.gov/RDSuccessStories.html.
President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.
USDA, through its Rural Development mission area, has an active portfolio of more than $172 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.
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