|(APRIL 25, 2014) USDA RURAL DEVELOPMENT HELPS SIOUX CENTER COMMUNITY HOSPITAL AND HEALTH CENTER CELEBRATE OPENING OF REPLACEMENT HOSPITAL|
|USDA Rural Development Provided $26 Million Loan to Assist with New Facility|
|Sioux Center, Iowa -, Apr 25, 2014
USDA Rural Development is providing a $26 million direct loan to assist with the $48 million facility project. Nearly $13 million for the project was raised through local fundraising.
“This project is an excellent example of the federal government working in collaboration with the local community and private sector lending partners to help improve critical health care services and the quality of life in rural America,” said Bill Menner, USDA Rural Development State Director in Iowa.
The new 123,500 square-foot Sioux Center Community Hospital and Health Center will replace a facility that was built more than 60 years ago and was not capable of expanding to meet the outpatient and specialty services provided by hospital staff.
The 19-bed hospital serves patients from communities in Iowa and South Dakota and is affiliated with the Avera Health System of Sioux Falls, South Dakota.
As Iowa’s population continues to age the need for improved healthcare services aimed at older Iowans is rising, especially in rural areas of the state.
“It is very important that leaders in rural communities continually look for ways to improve the healthcare services that are offered in their community,” Menner added. “USDA Rural Development financing programs can play an important role in making these types of projects a reality, just like they are in Sioux Center.”
USDA Rural Development’s funding continues to have a dramatic impact on rural communities across Iowa. Since 2009, USDA Rural Development has invested more than $3 billion on essential public facilities, small and emerging businesses, water and sewer systems, and housing opportunities for Iowa families.
This past year USDA Rural Development’s investment in Iowa helped create or retain more than 1,000 jobs, aided 2,600 families in buying their own homes and assisted more than 60 communities as they made improvements to their facilities, services and infrastructure.
Contact USDA Rural Development
For more information about finance programs available through USDA Rural Development, please call the office located in Le Mars at (712) 546-5149 Ext. 4. This office serves communities, businesses and residents in Cherokee, Crawford, Ida, Lyon, Monona, O’Brien, Osceola, Plymouth, Sioux and Woodbury Counties.
USDA Rural Development has 11 offices across the state to serve the 1.7 million Iowans living in rural communities and areas. Office locations include a State Office in Des Moines, along with Area Offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.
Further information on programs available through USDA Rural Development is available by visiting the agency’s web site at www.rurdev.usda.gov/ia.
USDA Rural Development is working with rural communities to create jobs, expand opportunity, encourage innovation and build a strong foundation for the future. The agency currently administers and manages more than 40 housing, business and community infrastructure and facility loan and grant programs designed to improve the economic stability of rural communities, businesses, residents and farmers and improve the quality of life in rural America.
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.
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