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Loan and Grant Funds To Iowa Lakes Regional Water

By Staff | Aug 28, 2008

DES MOINES — Mark Reisinger, USDA Rural Development State Director in Iowa, and Congressman Tom Latham (scheduled to attend) will be in Emmetsburg at 4 p.m. on Friday, Aug. 29, to present loan and grant funds totaling $9,319,234 to Iowa Lakes Regional Water.

The funds will be used to assist Iowa Lakes Regional Water with projects including the Osgood Treatment Plant, waste water projects in Dickens, Dolliver and Truesdale, along with a water project in Emmet County.

The event will take place at Iowa Lakes Community College, Room 817 located at 3200 College Drive in Emmetsburg.

So far this year, USDA Rural Development has awarded nearly $48 million assisting more than 30 water and waste water projects that will provide safe drinking water and improved wastewater treatment systems for rural towns and communities in Iowa.

During the past year, Rural Development provided assistance to more than 100 communities across Iowa with guaranteed loans, direct loans and grants totaling nearly $200 million. The funds helped with improvements to community facilities and upgrades to local infrastructure.

Rural Development is an equal opportunity lender with a variety of direct and guaranteed rural credit programs involving single and multi-family housing, community facilities, water and sewer development and business and industry programs.

The check presentation is Friday, Aug. 29, at 4 p.m. at Iowa Lakes Community College, Room 817, 3200 College Drive, Emmetsburg.