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At least $600 million available from USDA for rural broadband projects.

April 25, 2019

2 Min Read
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USDA is accepting online applications for funding through the new ReConnect Rural Broadband Pilot Program. These funds will 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 download and 1 megabit per second upload.

“Reliable, high-speed broadband internet e-Connectivity is critical for economic prosperity and quality of life in the 21st century, from education to health care to agriculture to manufacturing and beyond,” said Agriculture Secretary Sonny Perdue. “We at USDA are very excited to begin accepting applications for funds from this new and innovative program, which will bring critical infrastructure investments to homes, farms, ranches, schools and health care sites in rural America.”

Congress first appropriated funds for the new Rural e-Connectivity Pilot Program, known as ReConnect, in 2018. The program will be a proof-of-concept, enabling USDA to create and implement innovative options for rural connectivity by providing various financial packages to our customers.

In this first round of funding, at least $600 million is available from USDA for rural broadband projects. Funding will be through $200 million in grants, $200 million in loan and grant combinations, and $200 million in low-interest loans. The application deadlines for each of these funding packages are as follows:

  • May 31, 2019, for projects seeking federal funds from the grants-only package;

  • June 21, 2019, for projects seeking a combination of federal loans and grants; and

  • July 12, 2019, for projects seeking low-interest federal loans.

This $600 million appropriation from Congress more than doubles federal funding available through USDA’s longstanding broadband programs. Future rounds of funding for ReConnect will be announced later this year.

USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.

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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