|(JUNE 13, 2013) TOWN OF NEWPORT RECEIVES $4,825,000 IN USDA FUNDING|
|Indianapolis, IN, Jun 13, 2013
@@USDA Rural Development is improving the lives of the residents of the Town of Newport by presenting a low interest loan in the amount of $1,375,000 and a $3,450,000 grant. The funds will be used to construct a new wastewater system.
The United States Department of Agriculture (USDA) remains focused on carrying out its mission, despite a time of significant budget uncertainty. Today’s announcement is one part of the Department’s efforts to strengthen the rural economy.
The project will consist of a new activated sludge wastewater treatment facility, low pressure sewer system, force mains, and a small laboratory.
This project represents the first time three major funding sources all participated in one wastewater project. USDA Rural Development, Indiana Finance Authority, and the Office of Community and Rural Affairs are partners in the Newport Wastewater Treatment Plant and Collection System Project.
The project is scheduled to begin immediately and should be completed in approximately 12 months.
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.
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).