Montpelier gets USDA loan for police car, equipment

MONTPELIER, Ind. – U.S. Department of Agriculture (USDA) Indiana State Director Michael Dora recently announced a Community Facilities Direct loan of $16,400 to the city of Montpelier for a police vehicle and related equipment.  

"The federal loan funding is being leveraged with a $25,000 USDA Community Facilities grant and a $4,600 applicant contribution," Dora said in a release.

Nationwide, USDA is investing in 42 projects through the Community Facilities Direct Loan Program. The funding helps rural small towns, cities and communities make infrastructure improvements and provide essential facilities such as schools, libraries, courthouses, public safety facilities, hospitals, colleges and day care centers.

Applicants and projects must be in rural areas with a population of 20,000 or less. Loan amounts have ranged from $10,000 to $165 million.

USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community services such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.