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
USDA RURAL DEVELOPMENT ANNOUNCES $850,000 FOR EARLY CHILHOOD CENTER IN MARQUETTE
EAST LANSING, March 11, 2009 U.S. Department of Agriculture Rural Development Specialist Jim Yoder today presented a $850,000 ceremonial check to the Alger Marquette Community Action Board for a new early childhood education center in Marquette.
This is an investment in a better future for children in the Marquette area, said Yoder.
The money consists of an $800,000 loan and a $50,000 grant to construct and equip a new early childhood education center in Marquette. The event is the first of two this week in the Upper Peninsula to commemorate more than $1 million in loans and grants for area communities.
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/.
#