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Posts tagged: President Obama

The Promise of a Brighter Future

L to R: Vernon Brown, USDA Community Program Director in Kentucky; RHS Administrator Hernandez; and Thomas Fern, USDA Rural Development State Director for Kentucky.

L to R: Vernon Brown, USDA Community Program Director in Kentucky; RHS Administrator Hernandez; and Thomas Fern, USDA Rural Development State Director for Kentucky.

Recently, I visited southeastern Kentucky, where I joined Rural Development State Director Tom Fern on a whirlwind tour to parts of an eight-county region designated by President Obama as a rural Promise Zone and by Secretary Vilsack as part of USDA’s StrikeForce initiative covering 73 Kentucky counties.

During my first stop, I joined Congressman Hal Rogers as he announced a $23 million loan (funded by USDA’s Community Facilities program) to purchase the property and facilities of the Knox County Hospital in Barbourville.  That loan was the first one to come across my desk last December shortly after I joined USDA. Meeting with some of the 200-plus dedicated employees of that hospital affirmed my belief that granting that loan was the right decision, as the funding will enable those healthcare workers to continue to serve the families of the region. Read more »

With USDA Housing Programs, 3.4 Million Rural Homebuyers Own Their Future

The Riggio family was able to purchase their home in Newville, Pennsylvania, with a loan from USDA Rural Development’s Self-Help Housing Loan Program.

The Riggio family was able to purchase their home in Newville, Pennsylvania, with a loan from USDA Rural Development’s Self-Help Housing Loan Program.

As we celebrate National Homeownership Month this June, I am reminded how USDA delivers positive outcomes ‘Every Day, Every Way’ through the comprehensive programs and services that touch the lives of every American. While many people think of USDA in terms of food, farms and forestry, nearly 3.4 million families over the past 65 years have found the affordable financing they needed to become homeowners through USDA Rural Development.

In 2013 alone, more than 170,000 rural residents became homeowners with the help of Rural Development’s direct loans, guaranteed loans, grants and technical assistance. In both people and dollars, 2013 was the most successful year on record in the history of USDA’s single-family housing programs. Read more »

Join us for a Google+ Hangout on May 28th: What the Farm Bill Means for New Farmers

The Google+ Hangout with D/S Harden today has been temporarily postponed — stay tuned.

In February 2014, President Obama signed the new Farm Bill into law. But what does that mean for you as a new farmer or rancher?  What’s new about this Farm Bill and what programs can you use? What questions should you be asking?

USDA is here to answer your questions.

On Wednesday, May 28th at 3 p.m. EDT Agriculture Deputy Secretary Krysta Harden will host a Google+ Hangout to discuss what the farm bill means for new farmers. Read more »

Building Ladders of Opportunity through Rural Small Business Development

Zena Forest Products' owner and Value Added Producer Grant recipient, Ben Deumling, explains the uses and values of different sizes of sustainably harvested Oregon white oak to USDA Rural Development Administrator for Rural Business Service Lillian Salerno at the company site near Salem, OR.

Zena Forest Products' owner and Value Added Producer Grant recipient, Ben Deumling, explains the uses and values of different sizes of sustainably harvested Oregon white oak to USDA Rural Development Administrator for Rural Business Service Lillian Salerno at the company site near Salem, OR.

In his Small Business Week Proclamation earlier this week, President Obama said, “Small businesses represent an idea at the heart of our Nation’s promise — that with ingenuity and hard work, anyone can build a better life.”

Having started my own manufacturing company in rural Texas many years ago, I believe small business folks are American heroes. What it takes to get a business going and the immense responsibility of employing others and developing markets is very hard work especially in rural areas.  The work of an entrepreneur is also rewarding and those relationships with employees, customers and the community are lifelong.  For rural entrepreneurs, their companies are part of the fabric of the community.

One of the main obstacles getting a business off the ground is locating the capital to invest in communities.  Seeking a business loan or receiving an equity investment is such a critical path for startups and to keep entrepreneurship vibrant in rural America because we know the type of jobs created by small business are the ladders of opportunity. Read more »

USDA Celebrates Rural Small Businesses and Entrepreneurs During National Small Business Week

National Small Business Week began yesterday with a proclamation from President Obama recognizing the small businesses across the Nation which, especially in our rural and small-town communities, making vital contributions to communities and the American economy.

Individually, the impact of a small business may seem minor in comparison with conglomerates. The Small Business Administration (SBA), however, estimates that more than half of our American workforce either owns or is employed by a small business, and two out of every three new jobs in the U.S. each year is created by–you guessed it–a small business. It’s clear this portion of economy is significant, but in rural towns and areas where each job and transaction has an effect on the community, small business is essential.  In rural America, the entrepreneurs, mom-and-pop shops, agri-businesses, small-scale manufacturers, and other enterprises are the local economy. Read more »

Rural Electric Cooperatives: Leaders in Renewable Energy

America’s rural electric cooperatives provide electricity to more than 42 million people living and working in rural communities across the country. Co-ops, with support from USDA, have embraced renewable energy production. Today, they deepened that commitment by announcing new solar projects that will generate more than 150 megawatts of new solar capacity by 2020.

At an event in California, President Obama was joined by two West Coast industry leaders—Plumas-Sierra Rural Electric Cooperative (PSREC) based in Portola, California, and Okanogan County Electric Cooperative (OCEC), based in the state of Washington—to highlight industry efforts to expand renewable energy production.

USDA has been an advocate and partner in co-ops’ efforts to diversify their portfolios and expand their renewable fuel sources. Since 2009, USDA has funded over $1 billion in renewable energy projects that will generate  more than 447 MW – enough energy to power 160,603 American homes annually. Read more »