WASHINGTON, D.C. – Farm Credit Council President and CEO Todd Van Hoose made the following statement about the Investing in Rural America Act introduced by Reps. Michelle Fischbach, Don Davis, Brad Finstad and Yadira Caraveo.
"We thank Reps. Michelle Fischbach, Don Davis, Brad Finstad and Yadira Caraveo for their commitment to rural communities and for introducing the Investing in Rural America Act. This legislation will spur the development of critical facilities in rural communities, such as hospitals, childcare centers, schools, and more. The bill will facilitate partnerships between Farm Credit, community banks and other lenders to provide much-needed capital to build, renovate and modernize rural community facilities.
“These facilities are critical to the viability of rural communities. They play key roles in improving the quality of life for rural families. Yet, many rural communities lack these essential facilities, and many of the existing facilities need modernization.
“We look forward to working with Reps. Fischbach, Davis, Finstad and Caraveo, and other members of the agriculture committee to include this commonsense legislation in the upcoming Farm Bill."
Farm Credit supports rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow. It has been fulfilling its mission of helping rural America grow and thrive for more than a century with the capital necessary to make businesses successful and by financing vital infrastructure and communication services. For more information visit www.farmcredit.com.