USDA Awards Loan For Daycare Facility - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

USDA Awards Loan For Daycare Facility

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A housing development in Watford City received a $2 million loan to construct a daycare facility for more than 200 children.

Through the U.S. Department of Agriculture Rural Economic Development Loan (REDL) program, Reservation Telephone received a $2 million loan to help construct the new daycare facility. The REDL program provides zero-interest loans to local utility companies which they, in turn, relend to local businesses to spur economic development.

The daycare will serve children age six weeks to 12 years.



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