WALDRON RECEIVES $2,671,000 FROM USDA RURAL DEVELOPMENT FOR WATER IMPROVEMENTS

EAST LANSING, Dec. 14, 2009 – U.S. Department of Agriculture Rural Development Director for Michigan James J. Turner today presented a ceremonial check totaling $2,671,000 to the Village of Waldron for water system upgrades.

“USDA Rural Development is proud to help improve water quality for Waldron residents,” said Turner.  “This is another example of how we are investing in Michigan’s long-term infrastructure.”

The money consists of a $1,270,000 loan and $1,401,000 grant and will be used to make improvements in the water distribution system, looping lines, improvements to the treatment plant and replacing the existing elevated water storage tank with a new 150,000-gallon tank.  The project will serve 260 rural customers.

USDA Rural Development's mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity, liquidity, and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure. Further information on rural programs is available at a local USDA Rural Development office or by visiting USDA's web site at http://www.rurdev.usda.gov/

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