|ARROWHEAD ECONOIMC OPPORTUNITY AGENCY SELECTED FOR HOUSING PRESERVATION GRANT|
|ST. PAUL, Minn., Oct 18, 2012
@@USDA Rural Development State Director Colleen Landkamer announced today that the Arrowhead Economic Opportunity Agency in Virginia, Minn., has been selected to receive a $25,883 grant to improve low-income owner-occupied homes in St. Louis, Lake and Cook counties.
“As the housing market continues its recovery, it’s important that we continue working to make sure that people are able to remain in their homes,” Landkamer said. “Whether it’s helping with indoor plumbing or making electrical wiring safer, these funds will support basic repairs for rural residents with extremely limited incomes.”
The funds come from Rural Development’s Housing Preservation Grant Program and are provided to intermediaries such as Arrowhead, town our county governments, public agencies and Indian Tribes. Arrowhead will use the funds to help low-income homeowners make essential repairs to their homes.
Examples of eligible repairs include making homes handicap accessible, weatherization, heating, plumbing, electricity or removing health and safety hazards. USDA funds are often leveraged with funding from additional sources.
Since 2009, USDA Rural Development has invested over $3.5 billion throughout Minnesota. In addition to home repairs, Rural Development finances home loans, infrastructure, healthcare facilities, businesses, renewable energy and high-speed Internet in rural areas.
To learn more about Rural Development programs, visit www.rurdev.uda.gov/mn, or call the local office in Virginia at (218) 741-3929, ext. 4.