ReConnect Program

ReConnect Program

The ReConnect Program offers unique federal financing and funding options in the form of loans, grants, and loan/grant combinations to facilitate broadband deployment in areas of rural America that don’t currently have sufficient access to broadband, defined by the law as 10 Mbps (megabits per second) downstream and 1 Mbps upstream. This program will generate…

Telecommunications Infrastructure Loans & Loan Guarantees

Telecommunications Infrastructure Loans & Loan Guarantees

This program offers financial assistance to eligible broadband providers that will construct, improve, or expand telecommunication and broadband networks in rural areas. There are three types of available loans: Cost-of-Money loans are direct loans from USDA Rural Utilities Service; Loan Guarantees through the Federal Financing Bank (FFB); and Hardship loans from the USDA Rural Utilities…

Rural Economic Development Loan & Grant Program

Rural Economic Development Loan & Grant Program

The Rural Economic Development Loan (REDL) and Grant (REDG) programs provide funding to rural projects through local utility organizations. Under the REDLoan program, USDA provides zero-interest loans to local utilities, which they, in turn, pass through to local businesses (ultimate recipients), for projects that will create and retain employment in rural areas. The ultimate recipients…