Federal loans to help 3 Tennessee community projects
Published 10:38 am Wednesday, November 20, 2019
MEMPHIS (AP) — The U.S. Department of Agriculture has announced loans for critical projects in three Tennessee communities.
Department officials said last week that communities in 28 states and Puerto Rico will receive $394 million in direct loans to improve critical community facilities.
In Tennessee, officials say Clay County will receive a $7.5 million loan to build a new 22,000 square-foot facility housing the sheriff’s office and new jail facility. Officials say the project will expand jail capacity from 14 beds to 100 beds.
The west Tennessee city of Lakeland plans to use a $60 million loan to build a high school and refinance middle school debt. The Johnson County Emergency & Rescue Squad will receive a $110,000 loan and a $50,000 grant to buy a much-needed new ambulance.