USDA to provide $10M to improve infrastructure in rural SC - WMBFNews.com, Myrtle Beach/Florence SC, Weather

USDA to provide $10M to improve infrastructure in rural SC

The United States Department of Agriculture announced Sunday it will partner with the SC Community Loan Fund to make $10 million available to community organizations in rural South Carolina for facilities and services. (Source: USDA Facebook page) The United States Department of Agriculture announced Sunday it will partner with the SC Community Loan Fund to make $10 million available to community organizations in rural South Carolina for facilities and services. (Source: USDA Facebook page)

MYRTLE BEACH, SC (WMBF) – The United States Department of Agriculture announced Sunday it will partner with the SC Community Loan Fund to make $10 million available to community organizations in rural South Carolina for facilities and services such as education, health care and infrastructure.

According to a USDA news release, USDA Rural Development Secretary Lisa Mensah and Congressman Jim Clyburn will highlight the pubic-private partnership Tuesday in Columbia at 1737 Main Street at 2:30 p.m.

The money will come in the form of long-term, low-interest financing guaranteed by private lenders and supplemented by private foundation grants.

Copyright 2016 WMBF News. All rights reserved. 

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