USDA Official At Pilot Grove Savings

Written by on June 18, 2013 in News

USDA Official Visiting Illinois, Iowa and Missouri June 19 – 21 to Promote Importance of Homeownership in Rural America
Administrator Trevino Recognizing Pilot Grove Savings Bank in Mount Pleasant for Participating in USDA’s Guaranteed Home Loan Program

DES MOINES, Iowa – June 18, 2013 – Tammye Trevino, USDA Rural Development Administrator for Housing and Community Facilities Programs, is participating in a three-day tour throughout Illinois, Iowa and Missouri June 19 – 21 to highlight National Homeownership Month, a time when USDA, its federal partners and members of housing communities all across the country bring attention to the role housing plays in the economy.

As part of this tour Administrator Trevino will be visiting Pilot Grove Savings Bank in Mount Pleasant to recognize the bank for using USDA Rural Development’s Guaranteed Rural Housing program to assist rural Iowans achieve their homeownership goals. Pilot Grove Savings Bank became an approved lender in 2001 and has used the USDA program to assist 70 families in obtaining a home in rural Iowa through guaranteed loan funds totaling $4.4 million.

This recognition will take place at 8:30 a.m. on Wednesday, June 19 at 410 South Grand, Mount Pleasant.

Also on Wednesday Administrator Trevino will be speaking at the Tri-State Development Summit meeting in Keokuk. Administrator Trevino will participate in events in Missouri and Illinois later in the week.

“Homeownership should be an achievable dream and in many cases, USDA housing programs provide the only way for rural residents to buy a home,” said Agriculture Secretary Tom Vilsack when kicking off the USDA’s month-long national homeownership month celebration. “Working with our partners in the lending community and with state and local housing authorities, we are continuing to make safe, affordable housing available to credit-worthy applicants across the nation.”

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