Colorado native and local business owner Bruce Longwell at his Durango, CO home on July 17, 2012. Mr. Longwell financed the single-family house with a U.S. Department of Agriculture (USDA) Rural Development (RD) Housing Assistance loan. This provided lower monthly payments than his prior rental home. Homeownership provides potential gains through home equity. USDA photo by Lance Cheung.
Homeownership became a reality twice for Bruce Longwell, thanks to USDA Rural Development. Twice has Longwell been able to purchase a home through the USDA Direct Home Loan Program. Read more »
U.S. Department of Agriculture’s (USDA) Rural Development (RD) Business and Cooperative Programs Administrator Judith Canales (black suit) assists at the groundbreaking of the Riverhouse Children’s Center in Durango, CO on Thursday, Aug. 30, 2012. USDA RD provided $1.6 million in Community Facility loan funding for the project. USDA photo by Amy Mund.
Riverhouse Children’s Center in Durango, Colorado strives to provide high quality care and early education services to young children from ages six weeks through five years old. In 2012, the center serves approximately 80 children in its five classrooms. Realizing their current location needed updating and to be expanded, the entity sought out funding for the construction of a new two-story, 6,400-square foot building. The entity was awarded a $1.6 million Community Facilities Loan from USDA Rural Development earlier this year. Read more »