Cranberry Lake gets $85K loan/grant package for new rescue vehicle
Friday, June 4, 2010 - 6:28 am

CRANBERRY LAKE -- The U.S. Department of Agriculture Rural Development agency has awarded $85,000 in American Recovery and Reinvestment Act (ARRA) funding to three Cranberry Lake to purchase a new emergency vehicle.

The Cranberry Lake Fire District is being provided with a $85,000 loan and grant combination that will be used to purchase a new rescue vehicle. The grant is for $38,500 and the loan is for $46,500 for 15 years at 4.125 percent interest.

USDA Rural Developmentā€™s Community Facilities program helps finance essential community facilities for public use in rural areas. These facilities include childcare centers, hospitals, medical clinics, assisted living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation, and provide financial assistance for qualified renewable energy systems that help defray the cost of facility operation. These funds are available to public bodies, non-profit organizations and recognized Indian tribes.