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Formal USDA Grant Award Announcement

Here is our formal announcement for the USDA grant win we’ve mentioned a couple weeks ago. We’ll be hosting a ribbon cutting 4/22 at 11am, with Senator Kate Sullivan, the LVRPPD Board of Directors and the Valley County Supervisors in attendance. We’re hoping Maxine Moul (the Nebraska state director of USDA – Rural Development) will be able to attend as well. I hope you can join us!!

FOR IMMEDIATE RELEASE
For more information, contact:

Chuck Fuhrer
Loup Valleys Rural Public Power
606 S Street
Ord, NE 68862
(308) 728-3633
cfuhrer@frontiernet.net

USDA grant won by Loup Valleys RPPD and Valley County

(Ord, NE) – The Loup Valley Area has won a major grant award to establish a revolving economic development loan fund for the LVRPPD service area. The initial funds will be loaned to Valley County to assist in the renovation of the Valley County Courthouse. Installation of an elevator, fire exit stairway, fire sprinkler system and an upgrade to the fire alarm system will bring enhanced safety to Courthouse occupants.

The funding being provided is from the Rural Economic Development Loan and Grant program, administered by USDA Rural Development. The program provides interest free loans and grants to local utilities that re-lend money to local businesses for projects that will create and retain jobs in rural areas.

Funds from the grant will be repaid from Valley County over the course of ten years, with repayment formalizing another economic development fund for region-wide benefit. Communities and businesses within the Loup Valleys RPPD service area interested in details of the program can contact Chuck Fuhrer at (308) 728-3633.

A formal announcement and ribbon cutting with the LVRPPD Board of Directors, Valley County Supervisors, Senator Kate Sullivan and other state dignitaries will be held Thursday, April 22nd at 11:00 am on the steps of the Valley County Courthouse.

One Response to “Formal USDA Grant Award Announcement”

  1. Ord Nebraska » Blog Archive » Valley County Courthouse Ribbon Cutting Says:

    […] we celebrated of our $300,000 grant award from USDA Rural Development for the establishment of an area-wide revolving loan fund, the first project being the renovation […]

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