Hoeven Announces $400K in Federal Funding to Support Rural Development in North Dakota

-

WASHINGTON, D.C. – October 15, 2015 – (RealEstateRama) — Senator John Hoeven, who serves on the U.S. Senate Appropriations and Agriculture Committees, today announced that the U.S. Department of Agriculture’s (USDA) Rural Development has awarded two grants of $200,000 each to the Common Enterprise Development Cooperation (CEDC) and the North Dakota Association of Rural Electric Cooperatives. The funds will be used to help small businesses and rural cooperatives grow, create jobs and enhance their capacity to serve residents and communities.

“We’ve been working hard to support growth in the rural parts of our state,” Hoeven said. “Today’s USDA funds will allow the CEDC to continue serving North Dakotans through assisting rural communities, creating jobs and developing communities. The funds will also help our rural electric cooperatives provide us with reliable and affordable energy to power our homes, our businesses and our economy.”

Previous articleNew York Fed Details Regional Household Debt and Credit
Next articleSeptember Market Report