2004 NEBRASKA ANNUAL REPORT

THE $125 MILLION

RURAL NEBRASKA

INVESTMENT

Jim Barr, State Director

USDA Rural Development

Rm. 152 Federal Building

100 Centennial Mall North

Lincoln, Nebraska 68508-

3888

JIM BARR

NEBRASKA STATE DIRECTOR

USDA RURAL DEVELOPMENT

www.rurdev.usda.gov/ne

(402) 437-5551

 Nebraska in

Development.

$10,197,600$90,000

$350,350

$152,195

$243,520

$174,300$50,000$9,013,119

$37,525,886

$365,353$351,014$10,000$50,000$518,352$6,329,453$9,345,800

$5,769,975

$10,500$103,000

$284,766

$3,100,000$6,223,000$4,000,000$2,112,000$21,520,900

$94,000$760,002$450,000$1,150,000$299,958$3,739,638

$141,207

$40,742$72,000

$124,638,630

rs allowed for a

nd communities

rtunity Lender,

imination

shington, D.C.
MUNITY

ITY FACILITIES

otherwise improve

ial services and

as. *$10.2M direct

n grants provided

ng over 97,000 rural

ural jobs.

NT INITIATIVE

ry organizations for

pients to develop

projects related to

unity and

vide coordinated/

nt planning/project

benefiting 3,497

DMINISTRATIVE

environmental

ng studies in

mmunity facilities

es via feasibility

rs, a police station,

RANTS develop

mmunities with

conomic depression.

 768 rural residents.

ED HEALTH CARE

based health care

nd revolving loan

alth & substance

S assist very-low

hase, construct,

e family home.

 LOANS guarantee

rs to eligible

urchase/repair or

elling. *$46.5M

al homeowners.

 GRANTS provide

owner-occupied

. *$766K assisted

home repairs.

SELF-HELP PREDEVELOPMENT GRANTS support local

 qualified entities in the development of self-help housing applications including finalizing home plans, seuring lots and qualifying families for Mutual Self-Help Housing loans. *$10K to assist in finalization of application and development of first stage for Self-Help Housing program.

DIRECT RURAL RENTAL HOUSING LOANS provide financing

 to eligible applicants and entities for construction of economically designed and constructed rural rental housing and for repairs/ rehab to existing rural rental housing. *$345K loan constructed an 11 unit complex. $103K equity loan and $20K equity grant transferred the ownership of 2 complexes for continuation of 14 units. $50K loan repaired 6 units.

RURAL RENTAL ASSISTANCE provides rent subsidies to

 individual residents of USDA Rural Development financed multi- family housing complexes ensuring that very low and low-income residents have affordable rent payments. *$6.3M assisted 2,382 tenants.

WATER AND ENVIRONMENTAL LOANS AND GRANTS

 develop and repair drinking water and sanitary sewer systems, including solid waste disposal and storm drainage in rural areas.

*$9.3M loans and $5.8M grants provided 9 water & 7 sewer

 projects helping 17 rural communities & over 18,000 rural residents.

PREDEVELOPMENT PLANNING GRANTS help pay costs

 associated with developing applications for proposed water or wastewater projects. *11K assisted in preliminary engineering reports to locate water source for regional water system to serve approximately 1,000 rural residents.

TECHNICAL ASSISTANCE TRAINING GRANTS assist rural

 associations with water & waste disposal facility problems via identified/evaluated solutions, improved operation & maintenance and application preparation assistance. *103K to provide technical assistance & research regional water & wastewater disposal options for 33 communities.

DISTANCE LEARNING AND TELEMEDICINE GRANTS allow

 for technology equipment and facilities that provide rural schools, libraries, hospitals and medical clinics with distance learning and/ or telemedicine capabilities. *$285K to expand & enhance medical services benefiting over 187,000 individuals in 28 counties.

RURAL ELECTRIFICATION LOANS provide leadership and

 capital to upgrade, expand, maintain and replace rural electric infrastructure. *$15.4M built distribution & transmission lines serving 1,080 new customers & provided system improvements.

BUSINESS AND INDUSTRY GUARANTEED LOANSguarantee commercial loans for business and industrialdevelopment to create and maintain employment, expand, and toimprove economic climate. *$21.5M assisted 9 businesses,creating 107 & saving 158 rural jobs, via business acquisitions,expansion and renovations, new ventures, and securing of morefavorable rates and terms.RURAL BUSINESS OPPORTUNITY GRANTS provide foreconomic development planning, technical assistance and trainingin rural areas. *$94K to assist with 2 projects creating 33 &

saving 1 rural job.RURAL BUSINESS ENTERPRISE GRANTS facilitate andfinance the development of small and emerging private businessenterprises in rural areas. *$760K assisted 12 projects creating 62& saving 228 rural jobs.RURAL ECONOMIC DEVELOPMENT LOANS provide for awide range of rural economic development and job creationprojects that improve the economic condition of rural areas.*$450K renovated and expanded a rural county hospitalcreating 10 & saving 80 rural jobs.INTERMEDIARY RELENDING PROGRAM provides loans tointermediaries who make loans to ultimate recipients forbusiness facilities and community development projects.*1.2M established 3 revolving loan funds serving 29 countiesand creating 7 & saving 277 rural jobs.RURAL COOPERATIVE DEVELOPMENT GRANTS establishand operate centers for rural technology or cooperativedevelopment to assist with cooperative start-up, expansion, andoperations. *$300K will provide cooperative developmenttechnical assistance.VALUE-ADDED AGRICULTURAL PRODUCT MARKETDEVELOPMENT GRANTS help producers expand product/commodity customer base resulting in greater portion of revenuesfrom value-added activity being available to the producer.*$3.7M assisted 18 producer groups in agricultural venturescreating 29 & saving 2 rural jobs.RENEWABLE ENERGY AND ENERGY EFFICIENCYIMPROVEMENT GRANTS are provided to farmers, ranchersand rural small businesses to purchase renewable energy systemsand make energy efficiency improvements. *$182K provided for

2 renewable energy & 12 energy efficiency improvement projects.NEBRASKA RURAL DEVELOPMENT COMMISSION*72K provided to assist the Commission.

A INVESTMENT
NT DIRECTORY

orth

 Centennial Mall North

NE 68848-0730

 or PO Box 2009 69103

01

E 69361-4401

79

E 68901-4608

01

68138-3621

8

 68787

68763

mont, NE 68025-8051