Also recognized were three tenants who have lived at the apartment complex the past 10 years including Vera Winkler, Douglas Boike and Thomas Hubbard.
"Ensuring that Iowans living in rural communities have decent, safe and affordable housing has been a top priority of USDA Rural Development for many years," said Mark Reisinger, State Director of USDA Rural Development in Iowa. "It's through housing projects like this one that we are able to help as many rural Iowans as possible have access to adequate housing for themselves and their families."
Prairieview Manor, which consists of 24 one-bedroom units, opened in 1997 and provides housing for elderly residents, persons with disabilities and their families. The complex is located at 1749 Lynx Avenue in Webster City.
"We have been very pleased to partner with Prairieview Manor for 10 years and look forward to continuing to work with them," Reisinger said.
USDA Rural Development currently provides financing for nearly 550 multi-family housing projects in Iowa in 98 counties. Overall, these projects provide rural Iowans with access to more than 10,000 apartments. Rent in the apartments is based on income and rent assistance from the government is available depending on the income of the tenant.
In addition, more than $12.8 million in rental assistance was provided by Rural Development during the past year to assist rural families, seniors and those with disabilities living in these facilities. Rent in the apartments is based on income and rent assistance from the government is available depending on the income of the tenant.
Each year USDA Rural Development invests around $100 million in loans and grants that provide rural residents with decent, safe and sanitary single or multi-family housing. Housing loans can be obtained directly with Rural Development or from a private financial institution.
Rural Development is an equal opportunity lender with a variety of direct and guaranteed rural credit programs involving single and multi-family housing, community facilities, water and sewer development and business and industry programs.
USDA Rural Development has 11 offices in Iowa serving 1.9 million Iowans living in rural communities. Office locations include a State Office in Des Moines, along with Area Offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.
USDA Rural Development's mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure.
Further information on rural programs is available at the local USDA Rural Development office in Humboldt, which can be reached at (515) 332-4411, or by visiting the agency's web site at http://www.rurdev.usda.gov/ia.'>www.rurdev.usda.gov/ia.
Residents and USDA officials recently celebrated the 10th anniversary of Prairieview Apartments in Webster City.