Trump Administration Invests $3 Million in Alabama’s Talladega College
MONTGOMERY, Al – The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $3 million in Talladega College, Alabama’s oldest private Historically Black College (HBCU).
“Because of the opportunities in education, employment and community stability they provide to their hometowns and beyond, higher-education institutions are cornerstones for prosperity in rural communities across the country,” said USDA’s Deputy Under Secretary for Rural Development Bette Brand. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA is committed to being a strong partner to rural higher-education institutions, and especially HBCU’s in building stronger and more prosperous futures for generations to come.”
“It’s exciting to help increase the capacity and competitiveness of Historically Black Colleges and Universities (HBCUs) in rural America to ensure that future generations of American students have access to the highest quality education with modern facilities,” said USDA Rural Development State Director for Alabama Chris Beeker.
Background:
USDA is investing Talladega College through the Community Facilities Direct Loan and Grant Program. Investments through this program can be used to build or upgrade a wide range of rural community facilities such as schools, libraries, clinics and public safety facilities.
Talladega College will use a $3,000,000 million loan for the completion of the Student Activity Center named the Dr. Billy C. Hawkins Student Activity Center honoring its 20th President, and Residence Hall to accommodate much-needed on-campus student housing.
More than 100 types of projects are eligible for Community Facilities funding. Eligible applicants include municipalities, public bodies, nonprofit organizations and federally recognized Native American tribes. Projects must be in rural areas with a population of 20,000 or less.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
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