 |
 |
|
|
|
Iowa Ag News Headlines |
 |
Perdue Highlights $40 Million in Infrastructure Investments
Iowa Ag Connection - 12/15/2017
Agriculture Secretary Sonny Perdue Thursday highlighted U.S. Department of Agriculture (USDA) investments in Fiscal Year 2017 that will help construct or improve infrastructure and boost economic growth in rural communities.
"USDA is focused on improving rural America's infrastructure," Perdue said. "Investments such as the ones I'm highlighting today will improve the quality of life, create jobs, grow our economy and foster prosperity in rural areas."
In Fiscal Year 2017, USDA used funding from the Community Facilities Direct Loan Program to invest more than $40 million in 31 projects to repair, enhance or build infrastructure. These investments were for projects such as surface transportation, aviation,
ports, water and storm water resources, energy production and generation, and electricity transmission. They will benefit nearly 265,000 residents.
The investments are supporting projects in Alabama, California, Florida, Georgia, Hawaii, Iowa, Illinois, Kansas, Kentucky, Maine, North Carolina, New Jersey, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Dakota, Tennessee, Texas, Virginia, Vermont
and Wyoming.
One example of infrastructure projects that Rural Development funded in FY 2017 includes the city of Lamoni received $313,940 to dismantle, transport and rebuild a used hanger large enough to house six small jets or midsize turbo prop aircraft; expand the
taxiway and apron; expand the existing runway; and acquire land in order to expand the runway an additional 4,000 feet at the city's airport.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community services such as schools, public safety
and health care; and high-speed internet access in rural areas.
|
 |
|
 |
|
Copyright © 2024 - Farms.com. All Rights Reserved. |
 |
|
