Vilsack Announces Electricity Guaranteed Loans

Rural communities in 21 states will be awarded guaranteed loans from the United States Department of Agriculture (USDA) to improve electricity according to USDA Secretary Tom Vilsack.
Funding for these products come from the Rural Utilities Service Electric Program from the USDA Rural Development. The money will build 2,405 miles fo new distribution lines and upgrade over 1,822 miles of existing lines. The goal of the guaranteed rural loans is to improve living conditions for residents of rural communities.
Public Utility District No. 1 in Mason County, Washington is one of the many public works receiving guaranteed loans from the USDA. The 48,555,000 loan will provide service to 420 new customers, adding 14 miles of new distribution lines. It will also add two miles of transmission lines and improve four miles of existing distribution lines.
Improved electricity lines provide additional jobs for locals and better living and business conditions for farmers. Farmers will have additional resources for such things as storage and equipment.
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