Congressman Kevin Cramer announced the U.S. Department of Agriculture (USDA) Rural Development has loaned the Jamestown College Foundation, Inc., a total of $2,000,000, which will be used to purchase four buildings. 

The loan was approved by the USDA Community Facilities Direct Loans and Guaranteed Loans program in order to expand the Jamestown College Foundation, Inc., by purchasing buildings currently owned by Jamestown College. The four buildings which will be bought are the Harold Newman Multi-Use Facility, Foss Wellness Center, Larson Sports and Academic Complex and the Reiland Fine Arts Center. Other Federal financial assistance of $18,000,000 has been provided to complete the purchase of the four buildings.