USDA loans fire department extra funds for new building construction

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By Brandon Mattingly

The Washington County Fire Protection Association has its eye on building a new home, and thanks  to a loan from the United States Department of Agriculture, the funds to do so should now be available.

The USDA approved a loan for $1.5 million in 2012 to cover construction costs of a new fire department building in Springfield. After an estimate of $1,575,000 was given for the construction, the USDA agreed to provide the remaining $75,000.

“The United States Department of Agriculture remains focused on carrying out its mission, despite a time of significant budget uncertainty,” USDA said in a press release. “Today’s announcement is one part of the Department’s efforts to strengthen the rural economy.”

The new fire department building will be 10,400 square feet, and will be located on West Main Street to allow easy entrance and exit. The department will also see an increase in storage, vehicle and equipment space. In addition, there will be sufficient room for on-site training and an emergency operations center.

USDA Rural Development, backed by President Barack Obama, continues to provide assistance in rural areas.

“The Obama Administration is committed to helping improve the  firefighting capabilities of rural communities in Kentucky,” said USDA Rural Development State Director Tom Fern in the press release. “I am pleased that USDA is able to provide the financing needed for this project.”

The loan has a 40-year repayment period at 3.5 interest. A ground-breaking for the new fire department building is expected to be held in the coming weeks.