Lincoln, Nebraska, Dec 18, 2012 -- Infrastructure investments in rural communities help create jobs and boost economic development. “Quality hospitals, schools and libraries are the building blocks for a vibrant rural America,” said USDA Secretary of Agriculture Tom Vilsack.
That is true in Nebraska, especially with Critical Access Hospitals that serve our rural residents.
Over the past seven federal fiscal years, USDA Rural Development has assisted 18 Critical Care Access hospitals in Nebraska, through nearly $197.5 million in funding. The Community Facilities funding came in the form of $64,851,000 in loan guarantees, $132,351,300 in direct loans and $250,030 in grants. Five hospitals received financing through the American Recovery and Reinvestment Act. These projects entailed additions, renovations and equipment, to total new facilities.
“It is vital to keep rural healthcare in line with today’s medical needs. Updated hospitals also help to recruit physicians to the area and also allow rural residents to receive medical attention closer to where they live,” said Maxine Moul, Nebraska state director of USDA Rural Development.
The following is a list of recipient hospitals that USDA Rural Development assisted in funding beginning in federal fiscal year 2006. Guaranteed lenders and the applicants also assisted in the financing of various facilities.
--Memorial Community Health, Inc. of Aurora utilized $18,340,000 for hospital additions and renovations.
--Chadron Hospital built a new hospital with $17.8 million in assistance.
--West Holt Memorial Hospital of Atkinson received $1,454,000 for lab equipment and renovations.
--Brodstone Hospital of Superior used $6,101,000 to build an addition and for renovations.
--Community Hospital in Syracuse purchased Emergency Medical Records (EMR) equipment with $726,000 in funding.
--Dundy County Hospital of Benkelman. used $1.7 million to renovate its facilities.
--Henderson Hospital utilized $2,150,000 for an addition and renovations to its hospital.
--Community Medical Center in Falls City built a new facility with $18 million in funding.
--Community Hospital of McCook used $32 million for an addition and renovations.
--Providence Medical Center in Wayne received $6 million for an addition and renovations.
--Warren Memorial Hospital of Friend purchased EMR equipment and completed a renovation with funds of $471,000.
--Fillmore County Hospital of Geneva utilized $12.6 million to build a new hospital.
--Pender Community Health Care built a new hospital with assistance of $14 million.
--Rock County Hospital of Bassett received $76,830 for EMR and generator equipment.
--Gothenburg Memorial Hospital utilized $3 million for an addition and renovations.
--Cheyenne County Hospital of Sidney is building a new hospital with $40 million in a loan and loan guarantee.
--Niobrara Valley Hospital of Lynch renovated its hospital with $33,500 in funding.
--Box Butte General Hospital of Alliance will use $23 million in a loan to renovate and add to its facility.
The Direct and Guaranteed Community Facilities Loan programs provide financing for community service facilities to communities with a population of 20,000 and under. Facilities eligible for financing include fire and rescue buildings and equipment, streets, utilities, community centers, libraries, senior citizen centers, day cares, airports, industrial parks, hospitals, clinics, nursing homes and assisted living facilities. USDA Rural Development guarantees loan funds normally up to 80 percent with a one percent fee. Tax-exempt bond issues are not eligible for a guarantee.
USDA Rural Development is committed to the healthcare and well being of rural Nebraskans. For more information on the Community Facility Guaranteed and Direct Loan programs contact:
Natalie Furrow in North Platte, Nebraska at 308-534-2360 ext. 1129 or Natalie.firstname.lastname@example.org.
Roberta Mues in Kearney, Nebraska at 308-237-3118 ext. 1128 or email@example.com.
Janice Stopak in Lincoln, Nebraska at 402-423-9683 ext. 121 or Janice.firstname.lastname@example.org
Or contact the State Office in Lincoln, Nebraska at 402-437-5551.
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 $176 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.