HomeMy WebLinkAbout06-29-23 Correspondence - USDA - USDA Partners with Agricultural Producers in Montana to Promote Competition, Strengthen Food Supply Chain and Rural EconomiesFrom:USDA Rural Development MontanaTo:AgendaSubject:USDA Partners with Agricultural Producers in Montana to Promote Competition, Strengthen Food Supply Chain andRural EconomiesDate:Thursday, June 29, 2023 11:30:32 AM
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US Department of Agriculture Rural Development - Together America Prospers
News Release
Contact: mark.mccann@usda.gov
(406) 585-2587
USDA Partners with Agricultural Producers in Montana to
Promote Competition, Strengthen Food Supply Chain and
Rural Economies
Bozeman, Mont., June 29, 2023 – U.S. Department of Agriculture Rural Development in
Montana State Director Kathleen Williams announced today that USDA is making
investments to increase independent meat and poultry processing capacity, expand
market opportunities for farmers and support a growing workforce in rural areas.
“USDA Rural Development serves as investor, ally, and advocate for rural and Tribal
communities, businesses, and families,” said Williams. “This investment is a perfect
example of our role in supporting both the local and regional food economy as well as our
regional lending partners. We are honored to help in this way and many others to build
rural and Tribal stability and prosperity.”
USDA awarded $77 million through the Meat and Poultry Intermediary Lending Program
(MPILP) in 12 states, including one award for $15 million to Mountain West Economic
Development in Kalispell, Montana. This investment will provide funding so they can
support expansion of processing operations across a four-county area (Flathead, Lake,
Lincoln, and Sanders) in the Flathead Valley.
The Meat and Poultry Intermediary Lending Program (MPILP) provides grant funding to
intermediary lenders who finance the start-up, expansion, or operation of independent
meat and poultry processing facilities. To date in fiscal year 2023, USDA has awarded
$186 million to 24 MPILP projects that supported economic growth in 14 states and Puerto
Rico.
Today’s USDA announcement highlighted 15 awards totaling $115 million in 17 states,
including five awards for $38 million through the Meat and Poultry Processing Expansion
Program (MPPEP) to support independent processors in in five states.
Under the Biden-Harris Administration, USDA Rural Development provides loans, loan
guarantees, and grants to expand economic opportunities, create jobs, and improve the
quality of life in rural and Tribal areas. This assistance supports infrastructure
improvements, business development, housing, community facilities such as schools,
public safety, and health care, and high-speed internet access. For more information, visit
www.rd.usda.gov.
To subscribe to USDA Rural Development updates, visit the GovDelivery subscriber page.
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USDA is an equal opportunity provider, employer, and lender.
USDA Rural Development has six offices in Montana – Billings, Bozeman, Great Falls,
Helena, Kalispell, and Missoula. To learn more about investment resources for rural areas
in Montana, call (406) 585-2587 or visit www.rd.usda.gov/mt.
USDA is an equal opportunity provider, employer, and lender
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