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December 13, 2019
A second round of $550 million in USDA Reconnect Pilot Program funding will be available.
“This second round of ReConnect funding will help USDA be an even stronger partner in closing the digital divide in America’s rural communities,” said Agriculture Secretary Sonny Perdue. “Our core mission at USDA is to increase rural prosperity through boosting economic opportunity in rural America. We know that rural communities need robust, modern infrastructure to thrive, and that includes having access to broadband e-Connectivity."
USDA will make available up to $200 million for grants, up to $200 million for 50/50 grant/loan combinations, and up to $200 million for low-interest loans. The application window for this round of funding will open Jan. 31, 2020. Applications for all funding products will be accepted in the same application window, which will close no later than March 16, 2020.
A full description of 2020 ReConnect Pilot Program funding is available on page 67913 of the Dec. 12, 2019, Federal Register. To learn more about eligibility, technical assistance and recent announcements, visit www.usda.gov/reconnect.
In March 2018, Congress provided $600 million to USDA to expand broadband infrastructure and services in rural America.
These grants, loans and combination funds enable the federal government to partner with the private sector and rural communities to build modern broadband infrastructure in areas with insufficient internet service. Insufficient service is defined as connection speeds of less than 10 megabits per second (Mbps) download and 1 Mbps upload.
Source: USDA, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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