GEORGETOWN, Jun 24, 2013 -- GEORGETOWN, June 24, 2013 – School is out, summer has begun and work is underway to complete the 9th grade wing of the Sussex Academy Charter School in time for the 2013-2014 school year.
Today, U.S. Senator Tom Carper along with USDA officials praised the federal funding awarded to Sussex Academy Charter School while touring the build-out progress with students and staff. The school was the home of Delmarva Christian High School, and earlier this month, at a school exchange signing ceremony, the two schools made the deal official. The financing for the project was made possible by USDA Rural Development’s Community Facilities Program, which provides both guaranteed and direct loans to public bodies and non-profit corporations for essential community facilities in rural areas of the country. Sussex Preparatory Academy Foundation, Inc. was awarded a 40-year, $6.25 million Community Facilities direct loan at a 3.5 percent interest rate.
“When I travel up and down our state, I ask business owners what they need most in order to hire more people and grow our economy, and the answer I hear the most is a well-trained workforce,” said Senator Carper. “Good schools instill the skills and training necessary to produce a good workforce. Students, teachers and administrators from across Delaware are leading the nation when it comes to innovation and educational achievement. This funding from the USDA will help Sussex Academy grow so that it can better train and equip rural students in southern Delaware for the jobs of the future – improving our rural communities and moving our state forward.”
“As the only Federal agency with the primary responsibility of serving rural areas, USDA Rural Development takes pride in addressing needs that are specific to local communities, said David Sandretti,” the national spokesperson for USDA Rural Development. “Since 2009, USDA has invested in thousands of critical community facilities projects that have benefitted millions of rural residents. In 2012 alone, USDA made about 1,400 community facilities loans and grants worth more than $1.5 billion.”
The two schools switched buildings to better serve its student population. Sussex Academy, serving 340 students, has been in a 38,000 square-foot building built in 2000. Sussex Academy will now expand from a middle school to a grade 6-12 charter school by adding grades 9-12 over the course of the next four years. After adding grades 9-12, the student body is projected to grow to approximately 750 students.
Sussex Academy is one of three charter schools in Delaware that has received assistance from USDA; MOT Charter school in Middletown and Providence Creek Charter School in Clayton have all benefited from the Community Facility Program.
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 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 a portfolio of programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA has made a concerted effort to deliver results for the American people, even as USDA implements sequestration – the across-the-board budget reductions mandated under terms of the Budget Control Act. USDA has already undertaken historic efforts since 2009 to save more than $828 million in taxpayer funds through targeted, common-sense budget reductions. These reductions have put USDA in a better position to carry out its mission, while implementing sequester budget reductions in a fair manner that causes as little disruption as possible.
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