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By VINCE LUECKE
TELL CITY – The United States Department of Agriculture Office of Rural Development announced Wednesday it had awarded a $40 million Rural Development Community Facilities low-interest loan to the Perry County Memorial Hospital. The loan will be used to construct a new hospital.
“The funds awarded to Perry County Hospital further demonstrate the Obama Administration’s unyielding efforts to improve the quality of life for rural residents by ensuring that rural communities benefit from quality public facilities such as hospitals, courthouses, and health centers,” said State Rural Development Director Phil Lehmkuhler, who announced the loan as one of USDA’s Community Facilities Projects.
County commissioners and council members approved separate resolutions this fall pledging county financial support of the loan. They acted on requests from a county hospital association. One of the members, Dean Boerste, said the hospital is a strong investment in the community.
“This represents a great resource to enhance our vision of a future which provides the community with ongoing medical resources and of state-of-the-art health care,” he said.
“The benefits of this facility will also contribute significantly to the area’s economic-development opportunities as well. As I also serve on the board of the Perry County Development Corp., I know that all companies look at the quality of our health facility as part of their decision on selecting a new location for their business. I want to thank the Indiana USDA Rural Development for their assistance and guidance in obtaining this very low-interest loan that will save our hospital millions of dollars over the years.”
USDA Rural Development has an active portfolio of more than $172 billion in loans and loan guarantees.
These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
For additional information, visit Rural Development’s new interactive web map featuring program funding at www.rurdev.usda. gov/RDSuccessStories. html.