News Release
Release No.STELPRD4018715
ContactDarin Leach515-284-4747
(OCTOBER 25, 2012) NISHNA PRODUCTIONS, INC. HOLDS OPEN HOUSE AND DEDICATION FOR NEW WORK CENTER IN RED OAK
USDA Rural Development Assisted Project with $525,500 in Loan and Grant Funding
Red Oak, Iowa, Oct 25, 2012 --

@@Bill Menner, USDA Rural Development State Director in Iowa, today participated in open house and dedication activities for Nishna Productions, Inc.’s new work center in the community.

“We are extremely pleased to be assisting Nishna Productions, Inc. with this building project that will offer a wide variety of services to the community,” Menner said. “Work centers like this one in Red Oak provide opportunities for people with disabilities to gain useful vocational training while earning a wage.”

The new 16,000 square foot work center building allowed Nishna Productions, Inc. to combine two work center programs which were housed in different facilities. The new facility will also allow the organization to expand into additional work programs and enhance the training and education services it currently provides for persons with developmental disabilities. For example, the organization is planning a new commercial laundry enterprise.

USDA Rural Development in Iowa is assisting the project by providing a $426,000 loan and $99,500 grant. The total cost of the new building project is estimated to be $1.4 million.

Nishna Productions, Inc. was founded in 1974 to help individuals with disabilities. Today the organization has facilities in Shenandoah, Malvern, Sidney, Glenwood, Council Bluffs, along with Red Oak and serves more than 200 individuals with disabilities and employs 150 staff.

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.

“Our agency is eager to build on the success of the past and help foster an even brighter future for rural Iowa,” Menner added. “If you have an idea on how jobs can be created in rural Iowa, or how a rural community can improve the quality of life experience for their residents, give us a call today.”

Contact USDA Rural Development

For more information about finance programs available through USDA Rural Development, please call the office located in Atlantic at (712) 243-2107 Ext. 4. This office serves communities, businesses and residents in Adams, Audubon, Cass, Fremont, Harrison, Mills, Montgomery, Page, Pottawattamie, Shelby and Taylor 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.

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.

# # #