Sangre de Cristo Electric hosts roundtable with USDA

USDA Rural Development Utilities Administrator Jonathan Adelstein joined REA members in a roundtable discussion last week at Tri-State member co-op Sangre de Cristo Electric Association (Buena Vista, Colo.) to gather feedback on how the Obama administration can advance infrastructure in rural areas and improve rural economic conditions and create jobs.

“Holding roundtables such as this one are a great opportunity for us to educate participants about USDA programs and other federal resources that help rural businesses, residents and communities,” said Adelstein. “It also gives us an opportunity to listen to their views.”

USDA Rural Development’s partnership with rural electric organizations dates back to the Rural Electrification Act of 1936. “The Obama administration is committed to supporting rural electric organizations across the nation with capital to enhance their infrastructure in rural America,” Adelstein said.

“He was very open to suggestions and comments by those who attended the roundtable about improvements that the RUS could make to streamline the loan process,” said Linda Nyberg, member services representative at Sangre de Cristo Electric. “He seems committed to making the process as quick and easy as possible.”

As part of his visit to Colorado, Adelstein also toured the City of Salida’s Wastewater Treatment Plant currently under construction, which was funded through a $14.7 million Rural Development loan and grant combination.

USDA, through its Rural Development mission area, has an active portfolio of more than $170 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.

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