WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) today announced that the U.S. Department of Agriculture’s (USDA) Rural Development program has awarded an $86,688,000 Electric Loan to three electric companies in rural Ohio to invest in electric infrastructure and strengthen reliability. These awards include:
“This is great news for consumers across rural Ohio,” Brown said. “This type of investment is critical for the region’s economic competiveness and will continue to ensure safe, affordable service for all area residents and businesses. Rural co-ops have and will continue to play a critical role in our state.”
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas by supporting infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas.
Brown has been a leader for Ohio’s rural communities, successfully securing a number of provisions that are important to Ohio farmers in the 2018 Farm Bill. He is the first Ohioan to serve on the Senate Agriculture Committee in more than 50 years.