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Tuesday, August 18, 2009

Breaking News

Spratt Announces $249.2 Million in Department of Agriculture Recovery Act Funds for South Carolina

WASHINGTON – U.S. Rep. John Spratt (D-SC) today announced that the U.S. Department of Agriculture has distributed $249.2 million in funding to South Carolina from the American Recovery and Reinvestment Act (Recovery Act) to help stimulate job growth and invest in critical infrastructure to build the economy.....

..... USDA Recovery Act investments nationwide will:

· Expand opportunities and spur economic development with up to $9 billion in broadband loans and grants to rural communities.

· Distribute $11.2 billion to provide 80,000 home loans in rural communities.

· Provide loans and grants worth $3.6 billion to provide safe drinking water, improve wastewater treatment systems, and to create jobs and bring increased economic benefits to rural America.

· Utilize nearly $3 billion to improve, develop, and finance business, industry, and employment while improving the economic and environmental climate in rural communities.

More on what this means to the Natives of Lee County later.

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