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USDA Announces $1.6 Billion Investment Into Rural Electric Infrastructure

The U.S. Department of Agriculture (USDA) has announced that it is providing $1.6 billion in loans and loan guarantees to rural electric cooperatives and utilities in 21 states through the Electric Loan Program. The funds will be used to build and improve 9,138 miles of electric transmission and distribution line, and include approximately $386 million for investments in smart grid...

USDA Launches Guide for COVID-19 Assistance Programs

U.S. Department of Agriculture (USDA) has created a catalog of assistance programs that provides a one-stop shop for rural electric cooperatives and their members who are seeking federal, state and local aid during the COVID-19...

USDA Announces $900 Million Investment in Rural Infrastructure

The United States Department of Agriculture (USDA) announced a $900 million investment to build and improve rural electric infrastructure across 16 states through its Electric Loan Program. The investment will result in new or improved electric line of over 2,700 miles. One of the largest recipients, East Kentucky Power Cooperative, will receive $347 million to improve power generation...

USDA Accepting Second Round ReConnect Applications

The U.S. Department of Agriculture (USDA) will begin accepting applications for the second round of the USDA ReConnect Program beginning on Friday, January 31. This round, which will total $550 million, will continue toward the goal of partnering with the private sector to improve broadband to rural...

Coop Leaders Meet with FCC to Discuss Broadband

The Federal Communications Commission (FCC) released draft ground rules for obtaining funding from the Rural Development Opportunity Fund, an auction that will allocate a total of $20.4 billion to support the development of broadband networks in rural America. Coop leaders, including BARC CEO Mike Keyser and National Rural Electric Cooperative Association (NRECA) CEO Jim Matheson, took...

Alabama Cooperatives Receive USDA Funding to Improve Rural Broadband

Four companies will use $62.3 million from the U.S. Department of Agriculture (USDA) to expand rural broadband infrastructure to parts of Alabama. Specifically, Tombigbee Electric Cooperative, Millry Telephone Co., Farmers Telecommunication Cooperative and National Telephone of Alabama are using grants from the USDA to improve e-connectivity. More than 8,000 rural households, 57 farms,...

USDA Invests in Rural Electric Infrastructure Improvements

U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) is investing $1.4 billion in projects in 21 states to build and improve rural electric infrastructure.

USDA Invests in Rural Broadband for Virginia Families

The U.S. Department of Agriculture (USDA) announced that it has invested nearly $3.8 million in high-speed broadband infrastructure that will create or improve rural e-Connectivity for more than 1,250 rural households in...

Minnesota Coop Receives USDA Funding to Improve Electric Systems

Meeker Cooperative Light and Power Association (Meeker) will use a $7.1 million loan to install a fiber backbone that will enable two-way communications between 14 substations and the coop’s headquarters. The funds are a part of the $22 million Meeker received from the U.S. Department of Agriculture’s (USDA) Electric Loan Program to improve its distribution...

USDA Invests in Rural Electric Infrastructure

The U.S. Department of Agriculture (USDA) has announced that it will invest $251 million to upgrade rural electric systems in 13 states. The investment includes funding to finance smart grid technologies that improve system operations and monitor grid security, as well as funding to help build and improve 1,971 miles of line to improve electric reliability in rural...

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