|USDA INVESTS $37,000 IN LOCAL BUSINESS INFRASTRUCTURE FOR HUMBOLDT AND MILAN|
|HUMBOLDT and MILAN, Tenn., Sep 12, 2013
@@USDA Rural Development Area Director Harriet Cannon joined local elected officials and business leaders today to announce three USDA grants in Gibson County totaling $37,000. The announcements were made at events at the Humboldt Chamber of Commerce and the Milan Chamber of Commerce.
USDA grants of $15,500 and $8,500 respectively will assist the Humboldt and Milan Chambers of Commerce with the purchase of computers and software needed to improve delivery of services. "Chambers bring business and community leaders together with a focused purpose, helping grow existing businesses and recruit new ones, "said Cannon.
"Small investments like these pay us back many times over by helping grow jobs in Gibson County and the region," Cannon said.
Another USDA grant of $13,000 to the city of Milan will fund part of the engineering fees necessary to move the city's downtown revitalization project forward. The $1.7 million project will improve the business environment in the Main Street district, which Mayor Crider said is "…the core of the community and the first thing potential businesses look at when they consider Milan as a location for new jobs." Improvements include improved street lighting, burying some utilities and improved sidewalks.
Others participating in the event included Sen. Lamar Alexander's Representative Matt Varino, Rep. Stephen Fincher's Representative Scott Golden, State Sen. John Stevens, State Rep. Curtis Halford, Humboldt Mayor Allen Barker, Milan Mayor Chris Crider, West Tennessee Industrial Assoc. Exec. Director Mike Philpot and State Jobs Development Specialist Janna Hellums.
Rural Development business programs help local governments and non-profit organizations improve business infrastructure and promote job growth. Business loans provide needed financing for rural businesses and loan-guarantees are also available to help private lenders increase the pool of investment capital available for business start-up, modernization and expansion in eligible rural areas.
USDA Rural Development invests in jobs, infrastructure, community development, homeownership and affordable rental housing to improve the economic health of rural communities. During the last four years the agency has assisted more than 1.5 million Tennessee families and businesses in 158 communities, investing more than $3.3 Billion into local economies through affordable loans, loan guarantees and grants.
For more information on Rural Development programs available in West Tennessee contact the Rural Development Area Office in Union City at 731-885-6480 ext. 4, toll free (800) 342-3149 ext. 1497, in Jackson at 731-668-2091 ext. 2, toll free (800) 342-3149 ext. 1495 or visit us online at www.rurdev.usda.gov/tn.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users)