The Associated Press
CHARLESTON —
West Virginia is getting more than $72 million in federal bonds for public schools.
The U.S. Department of Treasury and the Department of Education issued the qualified school construction bonds under the American Recovery and Reinvestment Act of 2009.
The bonds can be used to finance the construction, rehabilitation or repair of a public school or for the acquisition of land where a school will be built.
Rep. Nick Rahall says the bonds will help state and local governments obtain low-cost financing for much needed public school improvements and construction.
