Brown Announces $422,000 for Rural Development in Southwest Ohio

WASHINGTON, DC – Today, U.S. Senator Sherrod Brown (D-OH) announced that the U.S. Department of Agriculture (USDA) Community Facilities Direct Loans and Grants Program has awarded two loans and two grants totaling $422,000 to two communities in southwestern Ohio.

“Small businesses and communities face unique challenges and this federal funding will make the investments local businesses need, spur economic growth and support public safety,” Brown said. “We need to ensure communities in Southwest Ohio have the resources they need to create jobs and improve the lives of their residents. My office and I will continue to work with community partners to ensure Southwestern Ohio receives its fair share of support and investment.

The funding granted includes:

  • Loan of $262,000 and Grant of $46,000 at Franklin Township in County of Clermont to purchase a backhoe, excavator and dump truck for necessary road repairs and maintenance as well as a weather siren.
  • $64,000 loan and $50,000 grant to Village of Blanchester in Clinton County to purchase two new vehicles for the Blanchester Law Enforcement Department.

USDA’s Community Facilities Direct Loan and Grant program provides loan guarantees to lenders for their rural business loans. The program improves the economic health of rural communities by increasing access to business capital through loan guarantees. The Business and Industry Secured Loan Program is designed to help rural businesses obtain credit to save money and create jobs in rural America.

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