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Rural Broadband Access Loans and Loan Guarantees Program
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Program
web site |
http://www.usda.gov/rus/telecom/broadband.htm
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| Sponsor |
USDA Rural Development |
| Deadlines |
Applications accepted on an ongoing basis |
| Purpose |
The Rural Broadband Access Loan and Loan Guarantee Program is
designed to provide loans for funding, on a technology neutral
basis, the costs of construction, improvement and acquisition of
facilities and equipment to provide broadband services to eligible
rural communities. The Programs’ goal is to ensure that rural
consumers enjoy the same quality and range of telecommunications
services that are available in urban and suburban communities. |
| Eligibility |
Rural Development makes broadband loans and loan guarantees to legally organized entities
providing, or proposing to provide, broadband services in eligible rural communities. Please see the program web site for information on eligibility of rural communities.
Types of eligible entities include: cooperatives, municipalities, nonprofit, limited dividend or mutual
associations, limited liability companies, Indian tribes and tribal organizations as defined in 25
U.S.C. 450(b) and (c) and commercial organizations. Individuals or partnerships of individuals are
not eligible entities. |
Geographic
coverage |
Nationwide |
Amount of
funding |
Rural Development will not consider applications for loans or loan guarantees of less than $100,000.
Maximum loan amounts apply only to an applicant for a direct 4-percent broadband loan (explained
in the regulation). These limitations will be published in the Federal Register at the beginning of
each FY.
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Application
process |
Please see the program web site for application instructions.
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For more information contact:
Broadband Team
202.690.4673
Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. |
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