Clay Electric helps secure REDLG monies for local fire department
The Harter-Stanford Fire Protection District, Flora, finally has the new fire truck their department has desperately needed, thanks to help from Clay Electric Co-operative, Inc., Flora, and the U.S. Department of Agriculture (USDA). Clay Electric helped secure a $280,000 loan from the USDA Rural Economic Development Loan and Grant (REDLG) program for purchase of the truck.
The cooperative acts as a pass-through for the funds and their participation in the REDLG program is just another way it exhibits its concern for local communities – one of the principles on which co-ops were built and continue to operate.
“We were thrilled to be able to help the fire district and ultimately our members by helping secure the REDLG loan,” said Luke Johnson, Clay Electric CEO. “It is the first REDLG loan agreement for the co-op, and we hope to be able to do more in the future.”