|(JANUARY 31, 2013) IMPROVEMENTS COMPLETED AT CLEARMONT RURAL HOUSING CORPORATION THROUGH PARTICIPATION IN USDA RURAL DEVELOPMENT DEMONSTRATION PROGRAM|
|Clearmont, MO, Jan 31, 2013
@@On Thursday, January 31, 2013 at 5:00 P.M. the Board of Directors at Clearmont Rural Housing Corporation held an open house and ribbon cutting to celebrate the recent rehabilitation of their family complex. The property, which consists of 12 one-bedroom apartments, along with a community room and laundry facility for tenant use, was originally constructed with funds from the United States Department of Agriculture in 1978.
The board applied to participate in the Multi-Family Housing Preservation and Revitalization (MPR) program in 2010 and was selected as a participant. As part of their participation, they received a low interest loan and debt deferral on their current loan. Improvements completed include new metal roofs, vinyl siding, guttering, windows, steel exterior doors and new storm doors, heating and cooling, and concrete sidewalks and parking lots. “The place just looks great,” said Virginia Cruth. “The savings in energy costs will pay for the improvements.” said David Cruth. Both are long time residents of Tower View complex.
“I am happy to celebrate the completion of the improvements at the Clearmont Rural Housing Corporation which was made possible through participation in the Multi-Family Housing Preservation and Revitalization program,” said Neal Miller, Area Director, who represented Anita J. Dunning, Missouri State Director for USDA Rural Development at the ribbon cutting ceremony. “The completed improvements will ensure that the property remains viable well into the future.” Dan Payton, Board President, accepted the Certificate of Appreciation from USDA Rural Development on behalf of the Board of Directors.
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.
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