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The USDA Rural
Broadband Access Loan and Loan Guarantee Program provide loans and loan
guarantees for the construction, improvement, and acquisition of
facilities and equipment for broadband service in eligible rural
communities.
These loans will facilitate deployment of new and innovative
technologies to provide two-way data transmission of 200 kbps or more,
in communities with populations up to 20,000.
USDA has contributed
to the President’s Broadband Initiative by awarding more than $3.3
billion in loans and grants to fund broadband infrastructure. Those
funds support high-speed broadband connections in more than 1.3 million
rural homes and businesses. Priority is given to applications that
propose to service areas where no residential broadband service
currently exists.
Details on loan types and amounts, eligibility, and application
procedures are available in 7 CFR 1738, the Notice of Application
Deadline, and Rural Utility Service US Bulletin 1738-1, Rural Broadband
Access Loan and Loan Guarantee Program Application Guide. |
