Indianapolis, IN, Oct 03, 2012 -- The United States Department of Agriculture Rural Development is improving the lives of the residents of Perry County by presenting a $40,000,000 USDA Rural Development Community Facilities low interest loan to the Perry County Memorial Hospital. The Rural Development funds will be used to construct a new hospital for the rural community surrounding Tell City, Indiana.
Indiana USDA Rural Development State Director Phil Lehmkuhler announced the selection of the Community Facilities project. “The funds awarded to Perry County Hospital further demonstrate the Obama Administration’s unyielding efforts to improve the quality of life for rural residents by ensuring that rural communities benefit from quality public facilities such as hospitals, courthouses, and health centers,” Lehmkuhler said.
Perry County Hospital Association member Dean Boerste stated, "This represents a great resource to enhance our vision of a future which provides the community with ongoing medical resources and of state-of-the-art healthcare. The benefits of this facility will also contribute significantly to the area's economic development opportunities as well. As I also serve on the board of the Perry County Development Corporation, I know that all companies look at the quality of our health facility as part of their decision on selecting a new location for their business. I want to thank the Indiana USDA Rural Development for their assistance and guidance in obtaining this very low interest loan that will save our hospital millions of dollars over the years.”
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 $172 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.
USDA is an equal opportunity provider, employer, and lender. To file a complaint of discrimination, write: USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).