USDA Awards $401M in ReConnect and Telecom Loan Programs
The Department of Agriculture awarded $401 million through the ReConnect program and telecom infrastructure loan and loan guarantee program, said a news release Thursday. USDA plans to announce additional awards "later this summer" (see 2110220040). The new funding "will help…
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31,000 people and businesses in large and diverse regions across the country access new and critical opportunities," said USDA Secretary Tom Vilsack. NTCA said 13 of its members received more than $200 million in this round of funding. "We look forward to continuing to work with USDA and other federal and state entities to ensure that community-based providers of all kinds can help rural Americans realize the fullest benefits of these broadband investments," said NTCA CEO Shirley Bloomfield.