Sioux Center, Iowa — A project at Dordt University in Sioux Center is getting some help in the form of a multi-million-dollar loan from the government.
U.S. Department of Agriculture (USDA) Rural Development State Director in Iowa Theresa Greenfield has announced that the Agency is investing $3,807,390 in 11 grants and $13,000,000 in three loans to projects in Iowa that spur economic development through rural cooperatives, promote small businesses, support infrastructure, assist with disasters, and create jobs.
Dordt University has received a $9.8 million loan as additional funding for renovation and expansion from the USDA’s Community Facilities Direct Loan and Guaranteed Loan program. We are told the project will construct a new dining hall, offices, and classrooms on Dordt’s existing campus center. The project will also renovate and expand the auditorium.