FOR IMMEDIATE RELEASE: February 22, 2010
SCHUMER ANNOUNCES ALMOST $350,000 IN ECONOMIC RECOVERY ACT FUNDING COMING TO NORWOOD TO IMPROVE ENERGY EFFICIENCY
USDA Rural Development Community Facilities Program, Funded By Economic Recovery Act, Will Fund Projects That Help Improve Quality Of Life For Rural Communities
Schumer: Funding Will Increase Energy Efficiency And Renovate Norwood Facilities
Today, United States Senator Charles E. Schumer announced that the Village of Norwood is receiving $345,400 through the USDA Rural Development Community Facilities Program funded by the American Recovery and Reinvestment Act. The village will receive a $295,400 loan and a $50,000 grant. These funds will be used by Norwood to renovate community buildings to improve energy efficiency. "Our rural communities are the heart and soul of New York. Making sure that their community centers and facilities are appropriately equipped and upgraded will continue to be one of my top priorities," Schumer said. "With this funding, Norwood will be able to not only renovate their community facilities, but also improve the energy efficiency of those buildings. With so many rural communities struggling to break even, this funding makes total sense." USDA has announced $491.6 million in Recovery Act funding for community facility projects to date. Funding of each loan and grant is contingent upon the recipient meeting the conditions of the agreement. This round of funding will bring another $14 million in Recovery Act through the USDA Rural Development Community Facilities Program and will be leveraged with $10 million from other sources. The USDA Rural Development Community Facilities program will help 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. Through this program, USDA ensures that such facilities are available to all rural residents. These funds are available to public bodies, non-profit organizations and federally recognized Indian tribes.