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USDA invests more than $172M in rural Nebraska in 2019

Funds went toward community facilities, wastewater management systems and business loan guarantees.

February 5, 2020

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RURAL INVESTMENT: The more than $172 million invested by USDA Rural Development in Nebraska in 2019 included over $1.1 million in energy projects. Tyler Harris

USDA Rural Development invested more than $172 million in 2019 to build prosperity and strengthen Nebraska's rural communities, state director Karl Elmshaeuser announced.

"We had a prosperous year in Nebraska, assisting many rural residents, communities and businesses through our various programs," Elmshaeuser said. "I would like to thank our partners who contributed to these remarkable outcomes. It is true that USDA Rural Development and partners help rural areas to remain vital, and that together America prospers."

Below is a summary of USDA Rural Development's fiscal 2019 accomplishments in Nebraska:

Infrastructure

Water management. Invested more than $14.6 million to expand access to safe drinking water or improve wastewater management systems, benefiting 6,225 Nebraskans.

Quality of life

Community facilities. Invested nearly $30.6 million in loans and grants for essential community facilities and equipment — such as fire departments, city halls and ambulances — that will benefit 53,931 rural Nebraska residents.

Health care. Invested $500,000 in a distance learning project that will benefit an estimated 305,000 Nebraska rural residents for health care education through enhanced equipment and software.

Home loans. Provided nearly $98.7 million in homeownership loan guarantees to help 873 low- and moderate-income rural Nebraska residents buy a home.

Economic development

Job creation. Invested nearly $9.9 million in business and industry loan guarantees that enabled businesses to create or save 39 rural Nebraska jobs.

Energy efficiency. Invested more than $1.1 million in 37 energy-efficiency, renewable energy and energy development assistance projects through the Rural Energy for America Program.

The funding is contingent upon the recipients meeting the terms of the loan and grant agreements.

In April 2017, President Donald Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities.

In January 2018, U.S. Secretary of Agriculture Sonny Perdue presented the task force's findings to Trump. These findings included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America. Supporting the rural workforce was a cornerstone recommendation of the task force.

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 facilities for education, public safety and health care; and high-speed internet access in rural areas. Learn more at rd.usda.gov/ne.

Source: USDA, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.

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