Nearly $190 million invested in rural Nebraska in 2014

LINCOLN, Neb. – Nebraska’s rural communities received nearly $190 million in USDA Rural Development funding in federal fiscal year 2014, completed on September 30.

In five years, USDA has invested nearly $1.5 billion in Nebraska, according to Rural Development State Director Maxine Moul. In the 19-year history of the agency, the funding total is nearly $2.7 billion in Nebraska. The total portfolio of current loans, loans and loan guarantees under management by the Nebraska Rural Development staff is $1.3 billion.

The program funds assist housing, business and community development, wate...