AROUND MISSISSIPPI — Agriculture Secretary Tom Vilsack announced the selection of $58.1 million in community facilities projects that are being funded immediately with federal funds provided through the American Recovery and Reinvestment Act (ARRA).
In addition to the $58.1 million that USDA Rural Development is providing to fund the 104 projects announced today, recipients will invest $41.2 million from other sources.
The funding is being provided through USDA Rural Development’s Community Facilities program, which helps finance essential community facilities for public use in rural areas. These facilities include child care centers, hospitals, medical clinics, assisted-living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation. (Public bodies, non-profit organizations and recognized Indian tribes are eligible to apply for funding.)
Mississippi entities receiving ARRA funding are the Town of Sidon ($59,500 grant), Calhoun County Board of Supervisors $3 million loan), Mound Bayou Public School District ($55,800 grant), Alcorn County Board of Supervisors; $11,499 and $24,218 grants) and Bolivar County Board of Supervisors ($59,200 grant).
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info