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USDA Invests $598 Million in Rural Electric Infrastructure After Severe Weather

The U.S. Department of Agriculture (USDA) announced today a $598 million rural electric loan package to build or improve electric infrastructure in 11 states through the Electric Loan Program. This funding will benefit 460,000 rural residents and businesses in Arizona, Kentucky, Maine, Minnesota, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, Utah and Virginia. Several...

Iowa Coop Receives REDLG Loan to Assist Local Business Expansion

Pella Cooperative Electric Association, an Iowa electric cooperative, and Co-Line Welding, Inc. successfully secured a $1 million loan through the United States Department of Agriculture (USDA) Rural Economic Development Loan and Grant (REDLG) program to assist with a $6,675,000 building expansion for Co-Line, a metal fabrication and manufacturing business and a member of Pella...

USDA Approves $3.1 Billion in Loans to Coops

As part of its latest round of Electric Loan Program awards, the U.S. Department of Agriculture (USDA) has approved $3.1 billion in rural infrastructure loans for 45 electric cooperatives. The loans will go to projects in 25 states to upgrade or build transmission and distribution lines and to develop smart grid technology and digital communications to help detect and respond to...

Trump Administration Invests $371 Million to Improve Rural Electric Infrastructure in 11 States

The Trump Administration recently announced that the United States Department of Agriculture (USDA) is investing $371 million to build and improve critical electric infrastructure that will benefit more than 222,000 rural residents and commercial customers in 11 states. Specifically, this funding will help build and improve 3,741 miles of line to improve electric reliability and...

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 pandemic.

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 communities.

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,...

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