$210,000 in Loan Guarantees and Grants to Glenn Miller Birthplace Society
WASHINGTON, DC – June 9, 2009 – (RealEstateRama) — Senator Chuck Grassley today announced that the U.S. Department of Agriculture, Office of Rural Development has awarded a loan guarantee of $120,000 and a grant of $90,000 to the Glenn Miller Birthplace Society in Clarinda through the Community Facility Guaranteed Loan and Grant Program.
The Glenn Miller Birthplace Society will use the funds to help construct and develop the proposed Glen Miller Birthplace Society Museum. The project will purchase equipment for the new museum including theater seating, display cabinets, sound and audio visual equipment, shelving and other equipment.
“This funding will help construct a museum in Clarinda to honor a selfless Iowan who placed his love for his country above all else,” Grassley said.
The Community Facilities Guaranteed Loan Program provides government-backed credit enhancement to private lenders seeking to finance community-based public facilities.
The Community Facility Grant program provides grants to assist in the development of essential community facilities in rural areas and towns of up to 20,000 in population.