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Posts tagged: Business and Industry Guaranteed Loan

Agriculture is Smart for Smart Growth

USDA Rural Development’s Business and Loan Guarantee Program supported new construction for an expanded Brattleboro Food Coop in Brattleboro, Vermont. The original plan for two stories was expanded to four thanks to an innovative partnership with the Windsor Housing Trust to develop mixed-income apartments.

USDA Rural Development’s Business and Loan Guarantee Program supported new construction for an expanded Brattleboro Food Coop in Brattleboro, Vermont. The original plan for two stories was expanded to four thanks to an innovative partnership with the Windsor Housing Trust to develop mixed-income apartments.

“Smart Growth” is a term we hear more and more often.  It is the idea that as communities plan for the future, they consider the highest and best use of every resource – land, infrastructure, organizations and people.    From housing to transportation to energy to food; community developers and planners are asking how Smart Growth principles can be applied to ensure a sustainable and dynamic future for their communities and their residents. Read more »

Deputy Under Secretary Encourages Michigan USDA Home Loan Borrowers to Explore a Streamlined Refinancing Pilot Program

Last week, USDA Rural Development in Michigan got an early start on Homeownership Month by promoting a pilot refinancing program, announced in February by Secretary Tom Vilsack, to help residents with current USDA home loans reduce their payments.

Deputy Under Secretary for Rural Development Doug O’Brien and USDA Rural Development State Director for Michigan James Turner made the announcement at the Portage office of AmeriFirst Home Mortgage, a leading partner with USDA’s Guaranteed Home Loan program. Read more »

Rural Development Funds Effort to Give Local Louisiana Growers and Customers a New Market

Ford’s Food Center - Winnsboro Pictured from left are: Quinon and Gretchen Ford, the owner's of Ford's Fine Food, admiring the affordable cabbage for sale at 39 cents each that was grown and purchased from a local producer.

Ford’s Food Center - Winnsboro Pictured from left are: Quinon and Gretchen Ford, the owner's of Ford's Fine Food, admiring the affordable cabbage for sale at 39 cents each that was grown and purchased from a local producer.

Recently, I was afforded the opportunity to travel with Jared Hicks, USDA Rural Development’s Business and Cooperative Specialist, to attend the grand opening of a new 19,500 square-foot grocery store in Winnsboro, Louisiana.  It was an exciting and happy day for the community residents on the south side of Winnsboro and surrounding towns. Local residents, Chamber of Commerce representatives, and community leaders all were out to celebrate the impressive day-long opening of Ford Food Center. Associated Wholesale Grocers (AWG) a retailer-owned cooperative and one of the largest wholesale grocery distributors in the United States had staff on-hand to provide assistance for this occasion. Read more »

Increasing Access to Locally Grown and Healthy Food

Cross posted from the White House blog:

Three years ago, I was asked to participate in the White House Task Force on Childhood Obesity, out of which grew the First Lady’s Let’s Move! initiative. In May 2010, we submitted a report to the President that made a series of recommendations for addressing the challenges of obesity and hunger, both of which stem from a lack of access to good, healthy food.  The report identified local food systems as a strategy to combat food access problems, and specifically called upon the USDA “Know Your Farmer, Know Your Food” Initiative to provide technical and financial assistance to help communities grow and process their own food, and create jobs at the same time.

I’m pleased to report that we’ve made a lot of progress since 2009 – and we have two new tools to help communities learn about what we’ve done and tap into USDA resources to develop their own solutions. The new Know Your Farmer, Know Your Food Compass is a document packed with photos, video and case studies of communities building strong local food systems. Farmers’ markets, mobile produce vendors, farm to school initiatives, and food hubs are just a few of many examples highlighted by the Compass. The Healthy Food Access section shows how communities are using USDA resources to promote health and the local economy. Read more »

Rural Business Booms in York, PA

Alan Shortall, CEO of Unilife headquartered in York, PA.

Alan Shortall, CEO of Unilife headquartered in York, PA.

Alan Shortall recently hosted Deputy Secretary Kathleen Merrigan and a White House Business Council roundtable at his company’s headquarters in York, Penn. Alan’s company, Unilife, was the recipient of a USDA Business and Industry Guaranteed Loan. His story is proof that public and business sectors can work together to bring about change in rural America.

I was recently honored to host a roundtable discussion between the White House Business Council and local business leaders from York, PA. This meeting and similar roundtable discussions now taking place across the country are an excellent initiative by the Obama Administration as it provides a direct line of communication between employers from across the U.S and senior members of the Federal Government. Read more »

USDA Rural Development Loan Guarantee Improves Access to Local Foods in St. Peter, Minn.

The St. Peter Food Co-op has been a valuable asset to the south central region of Minnesota for over 31 years. I realized just how valuable as I sat down to eat lunch at the co-op recently.

General manager Margo O’Brien had just given us a tour and hosted an event to publicly recognize the USDA’s role in financing the new facility. After signing the closing documents on a loan guarantee through nearby Wells Federal Bank and Rural Development’s Business & Industry loan guarantee program, it was time for lunch. Read more »