MIKULSKI, CARDIN ANNOUNCE $1,380,000 FEDERAL LOAN TO ESTABLISH COMMUNITY DEVELOPMENT CENTER IN...

MIKULSKI, CARDIN ANNOUNCE $1,380,000 FEDERAL LOAN TO ESTABLISH COMMUNITY DEVELOPMENT CENTER IN CHARLES COUNTY

WASHINGTON – November 23, 2015 – (RealEstateRama) — U.S. Senators Barbara A. Mikulski and Ben Cardin (both D-Md.) today announced that the U.S. Department of Agriculture Rural Development (USDARD) has awarded a $1,380,000 federal loan to Charles County to establish a Community Development Center in Charles County.

“This funding is an investment in improving the lives of Maryland children and families, giving them the opportunity for a brighter future.” said Senator Mikulski, Vice Chairwoman of the Senate Appropriations Committee which funds USDARD. “These funds will help provide a safe and much needed community center where the residents of Charles County can learn, grow and play.”

“The former Bel Alton High School is a tremendously significant place for many members of the local community, and this grant will enable it to continue improving people’s lives in the future,” said Senator Cardin. “The renovations to the Community Development Center that it will make possible will improve the economy and quality of people’s lives in Charles County. I am proud to continue my ongoing work to deliver infrastructure improvements like these.”

Rural Development funds will be used to renovate the former Bel Alton High School located at 9505 Crain Highway into the Bel Alton Community Development Center.

The Rural Development grant program was created to improve the economy and quality of life in rural America. The program helps support essential services and infrastructure improvements, and promotes economic development by supporting loans to businesses through banks and community-managed lending pools.

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