NEWS
RELEASE
United States Department
of Agriculture • Rural Development
3001 Coolidge Rd. • 2nd Floor North • Suite 200 • East Lansing, MI 48823
Phone: (517) 324-5204 • Fax: (517) 324-5225 •
alec.lloyd@mi.usda.gov
Contact: Alec Lloyd
(517) 324-5204
Beaver Island Community Receives Funding For Housing, Emergency Response Projects from USDA Rural Development
EAST LANSING, July 11, 2011 – U.S. Dept. of Agriculture Rural Development State Director for Michigan James J. Turner today commemorated funding for more than $1 million in housing and emergency response projects on Beaver Island.
“The diversity of these projects illustrates how USDA Rural Development is helping Michigan communities win the future,” said Turner. “All of these investments are helping to improve the quality of life on Beaver Island.”
Over the last seven years, Peaine Township has received $489,250 in loans and grants for two emergency generators, a new fire station and a stump grinder.
More recently, the Beaver Island Community Development Corporation received a $582,305 loan for Forest View Community Apartments. The 6-unit senior apartment complex is equipped with geothermal wells to provide radiant in-floor heating and was designed to maximize energy efficiency.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. 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. Rural Development has an existing portfolio of nearly $150 billion in loans and loan guarantees. Visit http://www.rurdev.usda.gov for additional information about the agency’s programs or to locate the USDA Rural Development office nearest you.
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