|(OCT. 24, 2012) USDA ANNOUNCES FUNDING FOR WATER SYSTEM IMPROVEMENT PROJECT IN GREENSBURG|
|Lexington, KY, Oct 24, 2012
@@USDA Rural Development State Director Tom Fern is in Greensburg today to announce more than $3.7 million in funding for a water system improvement project.
The city has been awarded a low-interest loan for $2.6 million and a grant for $1.12 million to construct a new water treatment plant that is capable of treating two million gallons per day. The project also includes new transmission lines, a new intake and raw water pump station.
“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 Greensburg 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.”
Funding is being provided through USDA’s Water and Environmental Program. Additional monies for the project include a $2 million grant from the Economic Development Authority and a $1 million Community Development Block Grant.
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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