/ Financial / White House Announces $10B Fund for Rural Infrastructure

White House Announces $10B Fund for Rural Infrastructure

Matt Ball on July 25, 2014 - in Financial, Transportation

Agriculture Secretary Tom Vilsack and CoBank CEO Robert Engel are announcing $10 billion in private funding to invest in rural infrastructure projects across the country.

The announcement is a part of a two-day “Rural Opportunity Investment Conference” that began Wednesday in Washington, D.C., which aims to bring together investment firms, government officials, and business leaders to promote investment in rural communities. Vilsack said the $10 billion fund will not only provide jobs to rural areas, but it will also be a catalyst for further private investments in infrastructure projects nation-wide.

Read more via CBS News

Comments are disabled