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Broadband Project Gives Michigan a Boost

Recently, the Bavarian Inn in Frankenmuth hosted an event to commemorate the award of grants and loans to Air Advantage LLC through the American Recovery and Reinvestment Act Broadband Initiative Program and discussed the progress of the project to date. This is one of the largest single awards for USDA Rural Development in Michigan and it has tremendous potential to increase the economy in the Thumb region.

For an Iowa Family of 10, a New Home Make Dreams Come True

While the past couple years have been a financial challenge for many Americans, the goal of achieving the American Dream of homeownership remains strong. This is especially true in Iowa where USDA Rural Development has been very involved in making homeownership a reality for thousands of rural families. Thanks to additional funds made available through the American Recovery and Reinvestment Act, a record 2,400 families in rural Iowa received $233.2 million in mortgage assistance from USDA Rural Development in 2010. 

Groundhog Job Shadow Day

I’m at the new Fire Station in Wilder, Idaho, where Engine 821 can now be stored indoors, protected from the elements, thanks to the community approving the financing of the station through USDA Rural Development’s Community Facility Loan and Grant Program, with funding provided to Rural Development in the American Recovery and Reinvestment Act (Recovery Act) of 2009.

Recovery Act Funds Help a South Dakota Region Improve Water Service

Kingbrook Rural Water System, Inc. in Arlington, South Dakota, (KBRW) is spread over a service area of nearly 3,000 square miles, larger than some states.  The distances involved create opportunity for failures of equipment or facilities due to natural or man-made causes. Any calamity can cause ripple effects on the Kingbrook system that would adversely affect water service for hours, days, or weeks.

KBRW operates an eleven-county water system which includes three water treatment plants, distribution pipeline, and pumping stations to distribute water to over 4,000 customers.  The operation requires significant capital investment as individual system components require replacement.

President Obama Visits Wisconsin Manufacturers Revitalized with USDA Loan Guarantee Support

President Barack Obama visited three businesses in Manitowoc, Wisconsin, this week on the heels of the State of the Union address. The main event was his address to the employees of Orion Energy Systems Inc.

Orion designs and produces energy management systems consisting primarily of high-performance, energy efficient lighting systems and controls. Their core line is a high intensity fluorescent lighting system that produces twice the quantity of lighting at one-half the electricity usage compared to standard lighting systems. The company also manufactures solar day-lighting products and distributes solar light tubes.

We Did It! Residents of Rural America Access Broadband Services Thanks to the Recovery Act and USDA

This fall USDA’s Rural Utilities Service (RUS) successfully completed its final round of grant awards under the American Recovery and Reinvestment Act (Recovery Act).  In the last year and a half, we’ve done more to bridge the digital divide for rural Americans than many ever thought possible.  The Recovery Act has unleashed an historic level of investment in rural high speed telecommunications infrastructure that will create new jobs, new services and new opportunities across the countryside.

USDA Housing Administrator: Rural Housing Program is Solid

The American Recovery and Reinvestment Act of 2009 enabled USDA Rural Development to help more than 80,000 families in rural communities secure safe, decent, affordable homes.   In the depths of the recession in early 2009, new home construction and private sector mortgage lending virtually ground to a halt in rural America.

Through the Recovery Act, an Oregon Business, Small Bank Find Opportunity and Protect Jobs

A few years ago, RAM Trucking was mainly a hauler of building materials—but everyone knows what happened to the housing market. Yet, RAM Trucking is still on the road and more resilient than ever.

To safely steer his company when the economy began to slide, President Dale Latimer applied a basic principle of driving in hazardous conditions:  When the weather gets rough, keep your tires inflated to the right pressure and make sure you’ve got enough tread.  In this case, getting enough tread meant restructuring the company’s financing and accessing working capital to position for opportunities beyond the construction arena.

Philipsburg, PA Residents Enjoy Downtown Library

Glowing smiles from the residents of Philipsburg, PA adorned the scene of a ribbon cutting ceremony marking the grand opening of the new downtown location of the Holt Memorial Library on a blustery evening in January. Through $261,500 in loans and $213,500 in grants from the American Recovery and Reinvestment Act delivered through USDA Rural Development’s Community Facilities Program, the Holt Memorial Library finally has a home to call its own.