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Dusty Johnson: “USDARD provides zero interest loans to local utilities which…”

Featuring: Dusty Johnson, Republican | U.S. House, South Dakota's At-Large Congressional District

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Dusty Johnson Details The Need To Reauthorize Expiring Rural Development USDA Programs

Published | Video Starts at 01:40

The Rural Economic Development Loan and Grant programs provide funding for rural projects through local utility organizations. USDARD provides zero interest loans to local utilities which they in turn pass through to local businesses for projects that will create and retain employment in rural areas. The Rural Business Investment Program promotes economic development and creates jobs and wealth opportunities by supporting the equity capital investment needs in rural America. (01:40–01:52)

CLAIM

Asserts that USDA Rural Development provides zero-interest loans to utilities for job-creating projects.

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