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USDA to Make $550 Million in Funding Available to Deploy High-Speed Broadband Internet Infrastructure in Rural America | KTIC Radio

USDA to Make $550 Million in Funding Available to Deploy High-Speed Broadband Internet Infrastructure in Rural America

USDA to Make $550 Million in Funding Available to Deploy High-Speed Broadband Internet Infrastructure in Rural America
MGN
STANTON, Iowa, Dec. 12, 2019 – U.S. Secretary of Agriculture Sonny Perdue today announced the availability of a second round of $550 million in United States Department of Agriculture (USDA) Reconnect Pilot Program funding appropriated by Congress. The application window for this round of funding is set to open Jan. 31, 2020. Secretary Perdue made the announcement alongside Iowa Gov. Kim Reynolds while congratulating the Farmers Mutual Telephone Company of Stanton, Iowa, for receiving $6.4 million in first-round Reconnect Pilot Program funding to connect 477 households, 35 farms and 21 businesses in Montgomery and Page counties.

“This second round of ReConnect funding will help USDA be an even stronger partner in closing the digital divide in America’s rural communities,” Secretary Perdue said. “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. Under the leadership of President Trump and in cooperation with Congressional appropriators, USDA is proud to partner with rural communities to deploy this critical infrastructure, because we know when rural America thrives, all of America thrives.”

Gov. Reynolds added, “Iowa is home to creative entrepreneurs who are driving technological innovation across the heartland. By leveraging local, state and federal resources, we are investing like never before in broadband connectivity and sparking revitalization across rural Iowa. I appreciate Secretary Perdue for being here today to represent the Trump Administration’s unwavering commitment to growing all aspects of rural America.”

Second Round Highlights:

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 (PDF, 336 KB). To learn more about eligibility, technical assistance and recent announcements, visit www.usda.gov/reconnect.

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