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USDA Rolls Out Guarantee Loan Initiative Program
USDA Rolls Out Guarantee Loan Initiative Program
USDA Rolls Out Guarantee Loan Initiative Program
The USDA is out with a new initiative, all in an effort to," make it easier for private lenders to use our programs to invest in rural economic development," said deputy Undersecretary for Rural Development, Bette Brand. She added 1RD Guarantee Loan Initiative offers a common guaranteed loan application for USDA programs supporting development of rural water and waste water infrastructu
Mabton Receives USDA Funds For Well Construction
Mabton Receives USDA Funds For Well Construction
Mabton Receives USDA Funds For Well Construction
On Wednesday, the USDA announced a $281 million investment for 106 rural water and wastewater infrastructure projects nationwide.  That funding includes a $677,000 loan and $296,195 grant to the city of Mabton, WA for a new well. Ground water is currently pumped from two wells, delivered to an 800,000-gallon reservoir, treated by chlorination for disinfection and distributed to customers. The ..