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Posts tagged: Rural Economic Development

Keeping our Promise in Kentucky

USDA Under Secretary Lisa Mensah meets with Keith Gabbard, General Manager of Peoples Rural Telephone Cooperative in McKee, Ky., on March 3, 2015. Gabbard described the company’s successful “fiber-to-the-premise” broadband project, which was funded in part with loan and grant funds from USDA’s Broadband Initiatives Program. As a result of the project, PRTC was awarded with a Smart Rural Community designation from the National Telephone Cooperative Association.

USDA Under Secretary Lisa Mensah meets with Keith Gabbard, General Manager of Peoples Rural Telephone Cooperative in McKee, Ky., on March 3, 2015. Gabbard described the company’s successful “fiber-to-the-premise” broadband project, which was funded in part with loan and grant funds from USDA’s Broadband Initiatives Program. As a result of the project, PRTC was awarded with a Smart Rural Community designation from the National Telephone Cooperative Association.

During my trip to Kentucky, I was truly gratified to see Rural Development’s footprint throughout small towns spread across all regions of the Commonwealth. From water lines, broadband networks, wastewater treatment plants, single and multi-family housing, electric lines, senior centers, hospitals and small businesses, Rural Development helps build communities from the ground up working in partnership with local groups.

Last year, 73 Kentucky counties enduring some of the state’s toughest economic challenges were designated to receive targeted USDA support through USDA’s StrikeForce for Rural Growth and Opportunity Initiative. Soon thereafter, President Obama designated a region of eight counties in the state’s southeast corner as one of the country’s first five Promise Zones.  Under these designations, USDA works with local partners to leverage federal resources to address the area’s chronic poverty challenges and improve the overall quality of life in the region. Read more »

USDA Rural Development Tells Nebraska Stakeholders about Revolving Loan Opportunities

USDA Rural Development and partners held a revolving loan fund stakeholder roundtable in Lincoln, Nebraska via videoconferencing at the Nebraska sites of Kearney, Chadron, Norfolk and Scottsbluff.  Thirty-six stakeholders attended, learning about the various revolving loan fund programs that USDA Rural Development offers.

Partners who contributed to the roundtable included Executive Director Jen Wolf of Dawson Area Development, Business Loan Officer Craig Eberle of Southeast Nebraska Development District and Business Loan Specialists Jeff Christensen and Holly Quinn of Northeast Nebraska Economic Development District. Read more »