USDA to take applications for rural broadband loan and grant program starting January 31

The U.S. Department of Agriculture will begin accepting applications for loans and grants under the ReConnect Program on Jan. 31. This will be the second round of applications for the program, which aims to increase broadband buildout in rural areas, according to the USDA website.

The USDA will provide up to $200 million in grants, $200 million in low-interest loans, and up to $200 million for 50/50 loan/grant combinations. Applications must be submitted by March 16.

Telecommunications companies, rural electric cooperatives and utilities, internet service providers and municipal governments are eligible to receive the funding. The agency will award funds to projects with financially sustainable business models that will bring high-speed internet to rural homes, businesses, farms and community facilities such as health care sites and schools.

The USDA is hosting technical assistance and training webinars and workshops all over the country to help applicants learn more and complete their applications correctly. Click here for more information about workshops and webinars.