ELECTRIC AND
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What is the purpose of the program? This program provides direct and guaranteed loans to non-profit organizations and public bodies for generation, bulk transmission facilities, distribution of electric power, enhancing 911 emergency service, digital switching equipment, and fiber optic cable. Who may apply? Non-profit and cooperative associations, public bodies and other utilities. Contact USDA-Rural Utilities Electric Staff Division, STOP 1569, 1400 Independence Ave. SW, Washington, DC 20250-1569 Terms and conditions? Rural area What Is the Interest Rate? Interest rates will be set periodically and are based on current market yields for municipal obligations. Certain loans may be made at a lower rate. The current rates may be obtained from any Rural Development office.
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