JUCO gets $25K grant to help pay for Lincoln Park renovation
The Grand Junction Baseball Committee received more grant money from a familiar face.
The Federal Home Loan Bank of Topeka, Kan., awarded a $25,000 grant to the Grand Junction Baseball Committee for the $8.3 million Lincoln Park project.
“We are thrilled and honored that FHLBank has deemed this project acceptable for grant funding,” JUCO Chairman Jamie Hamilton said in a news release. “Their organization recognizes the improvements will benefit our community for many generations to come.”
The grant is funded through the Federal Home Loan Bank JOBS program that assists members in promoting employment and growth within their communities.
The Grand Junction Baseball Committee, also known as the JUCO World Series Committee, has received $100,000 in grant money for the project. They received $50,000 from El Pomar Foundation and $25,000 from the Boettcher Foundation last winter.
Hamilton, CEO of Home Loan State Bank in Grand Junction, said the committee’s intent is to have the project paid off in 15 years.
“That’s been our goal to pay (the interest) down,” Hamilton said. “Hopefully we’ll do it in 15 years, instead of 25 (the length of the loan).”
Home Loan State Bank is a member of the Federal Home Loan Bank.
Colorado Mesa University and School District 51 also are paying toward the project.
In addition to that, committee member Tillie Bishop encouraged other members to give toward the project. The committee members have raised $30,000 out of their own pockets for the project, Hamilton said.
The Lincoln Park project began in June 2011 and was completed in April.