USDA Offering $600 Million to Expand Broadband in Rural Areas

THE USDA IS LAUNCHING A NEW PROGRAM TO BOOST HIGH SPEED INTERNET ACCESS IN RURAL PARTS OF THE COUNTRY. DARRELL MOODY HAS THE DETAILS…

THE US DEPARTMENT OF AGRICULTURE…OFFERING UP TO 600-MILLION DOLLARS IN LOANS AND GRANTS TO HELP BUILD BROADBAND INFRASTRUCTURE IN AMERICA. TELECOMMUNICATIONS COMPANIES, RURAL ELECTRIC CO-OPS, UTILITY COMPANIES, INTERNET SERVICE PROVIDERS AND MUNICIPALITIES ARE INVITED TO APPLY FOR FUNDING THROUGH THE USDA’S NEW RECONNECT PROGRAM. THE MONEY WILL BE DIVIDED IN THIRDS FOR GRANTS, LOAN AND GRANT COMBINATIONS AND LOW INTEREST LOANS. THE DEADLINE TO APPLY FOR GRANT FUNDING IS APRIL 29th. TO LEARN MORE, GO TO RD.USDA.GOV.