NEWS RELEASE United States Department of Agriculture • Rural Development th 441 S. Salina Street • 5 Floor • Suite 357 • Syracuse, NY 13202-2425 Phone: (315) 477-6436 • Fax: (315) 477-6438 • TDD: (315) 477-6447 • Web: http://www.rurdev.usda.gov/ny FOR IMMEDIATE RELEASE Media Contact: Tim Jones (315) 477-6436 email@example.com USDA RURAL DEVELOPMENT AND REP. MCHUGH PRESENT TOWN OF LENOX WITH $1.398 MILLION FOR WATER PROJECT LENOX, N.Y., May 28, 2008 – U.S. Department of Agriculture Rural Development State Director Patrick H. Brennan and Rep. John M. McHugh (NY-23) officially presented $1.398 million in funding today to the Town of Lenox. The funding will be distributed as a $500,000 grant and an $898,000 loan and will be used to install new pipe in the Pine Ridge/Lewis Point Road Water District. The loan is for 38 years at 4.625 percent interest. “This funding will allow the Town of Lenox to undertake an important water project that will provide benefits to current and future residents,” said Congressman McHugh. “It is especially hard for towns like Lenox to afford infrastructure projects like this, and a combination of grant money and a low-interest loan from the USDA make needed improvements feasible. Additionally, this water main project has the potential to attract future residential development.” “Helping rural communities such as Lenox improve their water infrastructure is one of our core missions at USDA Rural Development,” said State Director Brennan. “This new water system will improve water quality and service for the Town’s residents.” “The Town Board would like to thank USDA Rural Development for the grant and low interest loan,” said Lenox Town Supervisor Rocky DiVeronica. “Without their help the taxpayers could not afford the project, which will supply them with good, sufficient water at an affordable cost.” “This is great news for the Town of Lenox. This investment in their water system will ensure a safe, potable water supply for these residents for years to come,” said Assemblyman Bill Magee (Assembly District 111). USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. In fiscal year 2007, USDA Rural Development invested more than $262 million in New York, raising its total investment in the state to more than $1.5 billion since 2001. Further information on rural programs is available by contacting the State Office at (315) 477-6400 or by visiting USDA's web site at http://www.rurdev.usda.gov/ny. # Committed to the future of rural communities. USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination write: USDA, Director, Office of Civil Rights, Washington, DC 20250-9410 or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).
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