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
CLARE COUNTY RECEIVES $25,000 TO IMPROVE LOCAL ECONOMY
EAST LANSING, Aug. 9, 2007 – USDA Rural Development Director for Michigan Gene DeRossett today presented a $25,000 ceremonial check to Clare County to help attract and retain jobs in the area.
“USDA has a strong partnership with Clare County,” said DeRossett. “This grant is an investment in the community.”
The money is a Rural Business Enterprise Grant and will be used to establish a revolving loan fund for approximately six businesses in the area and will help save or create 18 local jobs.
Earlier this year, Clare County received $79,000 for low-income housing assistance and $116,000 for the construction of Redding Township’s new township hall.
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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