$56 Million in Community Facilities Direct Loan for ONU
MEDIA RELEASE__The U.S. Department of Agriculture hs announced a $56 million Community Facilities Direct Loan Program to Ohio Northern University. The funds will finance a new 60,000 square-foot health and wellness center and the renovation of an 18,000 square-foot classroom and lab facility for exercise physiology and health sciences. These community facilities will serve students and local community members, expanding access to essential health and wellness services in rural Ohio.
The new center and renovated facility will expand access to essential health services in Ada while preparing for the next generation of health care professionals.
USDA Rural Development administers this funding through the Community Facilities Direct Loan Program, which provides affordable financing to develop essential community facilities in rural areas.
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