Federal grants, loans approved for water associations

Federal grants, loans approved for water associations

Two Northeast Mississippi rural water associations will receive grants and loans to upgrade their systems through the federal Rural Development Administration.

The announcement was made Thursday by U.S. Sens. Thad Cochran and Trent Lott of Mississippi. Three other water associations in other parts of the state will share in the $3.2 million approved for the five projects.

In Northeast Mississippi, the Mt. Comfort Water Association near Bruce in Calhoun County will get a $253,000 grant and a $223,000 loan, repayable over 40 years at 5.25 percent. The $476,000 project will upgrade the existing system.

In Union County near Dumas, the Keownville Water Association will get a $135,000 grant and a $125,000 loan on the same terms as the Calhoun County system. The money will be used to upgrade the existing system, including a well and booster pump.

The Rural Development Administration is an agency of the U.S. Department of Agriculture.

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