The U.S. Department of Agriculture's rural development division will provide the village of Merna with a $1.2 million loan and $927,000 grant to improve the community’s existing water system.
The loan will be for 40 years at 2.75 percent rate of interest, USDA said in the announcement.
“The USDA Rural Development funds will make water distribution upgrades to the Village’s water system, provide a new well, a new concrete water storage tank, and a backup generator,” said Community Programs Specialist Roberta Mues, USDA Rural Development.
USDA Rural Development funds were provided through its Water and Waste Disposal Loan and Grant program.
USDA, through its Rural Development mission area, has a portfolio of programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
The USDA program remains focused, despite a time of significant budget uncertainty, spokeswoman Vicki Schurman said.
Schurman said these investments in housing, community facilities, businesses and infrastructure strengthen America’s economy, small towns and rural communities and support the rural way of life that stands as the backbone of our American values.
USDA has made a concerted effort to deliver results for the American people, even as USDA implements sequestration – the across-the-board budget reductions mandated under terms of the Budget Control Act, she said.
USDA has already undertaken efforts since 2009 to save more than $828 million in taxpayer funds through targeted, common-sense budget reductions. The reductions have put USDA in a better position to carry out its mission, while implementing sequester budget reductions in a fair manner that causes as little disruption as possible, Schurman said.
For more information, Mues is at (308) 237-3118 ext. 1128 or by email at email@example.com. Visit http://www.rurdev.usda.gov/NEHome.html.