RUS Loan Guarantee Applications Due May 31; FCC CAF II Auction Order to Take Effect May 14
The Rural Utilities Service announced an applications window and requirements for a telecom and electrification loan-guarantee program for FY 2018. Completed applications are due May 31 on funding applications "under the Guarantees for Bonds and Notes Issued for Electrification or…
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Telephone Purposes Program (the 313A Program) authorized under the Rural Electrification Act of 1936, as amended, and related terms," said a notice for Friday's Federal Register. Under the program, the Federal Financing Bank will make loans, and the Department of Agriculture's RUS will guarantee repayment. An FCC rule for Friday's FR will set a May 14 effective date for a reconsideration order in docket 10-90 resolving final issues for a Connect America Fund Phase II auction of subsidies for fixed broadband and voice services set to begin July 24 (see 1801300032).