National
USDA Official Recognizes Grove City Community Homes
Historic
$834,000 USDA Rural Development loan will rehab facility
ST. PAUL
,
Minn.
, Sept. 29 – Russell Davis, Rural Housing Administrator for Rural Development
in the U.S. Department of Agriculture (USDA), visited Grove City Community Homes
today.
Davis
joined local, state and federal officials in recognizing the housing complex
for recently being awarded an $834,000 low-interest loan from USDA Rural
Development for a rehabilitation project.
The 26-unit family housing complex was awarded the nation’s
first Section 515 multi-family housing loan in 1964, when USDA Rural Development
was known as the Farmer’s Home Administration. The initial $182,000 loan was
used to build the facility.
“This is a historically significant project for USDA Rural
Development and housing in rural
America
,”
Davis
said. “This project got the ball rolling and began USDA Rural Development’s
strong history of assisting rural communities with affordable housing. Providing
and preserving affordable housing in rural areas is a high priority of President
Bush’s agenda for rural
America
.”
The new $834,000 loan will be used for extensive interior and
exterior rehabilitation of the complex, including roof repairs, parking lot
paving, new carpeting and new kitchens.
“
Grove City
had the leadership and drive to pursue this project back in 1964,” said Steve
Wenzel, Minnesota State Director of USDA Rural Development. “It is great to
see that the city leadership is still strong and was able to secure this loan to
rehab this very important facility.”
Wenzel also cited the work of Rep. Dean Urdahl and U.S. Sen.
Norm Coleman for their efforts in supporting the Grove City Community Homes
project.
USDA Rural Development has funding available for housing,
clean water, hospitals, high-speed Internet, economic development, job creation
and other essential infrastructure. Since 2001, the agency has invested over
$2.1 billion throughout
Minnesota
.
For
more information on USDA Rural Development, visit www.rurdev.usda.gov/mn,
or call the office in
Willmar
at (507) 235-3540.
Russ Davis, administrator of USDA Rural Development's housing programs,
visited Grove City for the historic event. |
This picture includes past and present board members, USDA Rural
Development officials and members of the Grove City Community. |
