Rural Utilities Service | Telecommunications (continued)
Program
Overview
Applicant
Population Additional Informatio n
Provides funds for the construction, improvement, or purchase of facilities and equipment needed to provide service at the broadband lending speed in eligible rural areas
Individuals and partnerships are not eligible. Nonprofits, corporations, LLCs, cooperatives or mutual organizations, government organizations, federally recognized Tribes
For loan and grant combinations, at least 90 percent of the households in the proposed service area must not have access to broadband service. For loans and loan guarantees, the service threshold is 50 percent.
Program Type: Loans, Grants, Loan Guarantees Website: https://go.usa.gov/xzWYG
Rural Broadband Loans, Loan and Grant Combinations, and Loan Guarantees
Funds to build, maintain, improve, or expand telephone and broadband service in rural areas
Telecommunications providers
Rural areas with a population of 5,000 or fewer
Program Type: Loans and loan guarantees Terms and Conditions: Cost-of-money loans: Fixed rate at current rates depending on loan maturity at time of each advance Loan Guarantees: Fixed rate primarily from the Federal Financing Bank (FFB). Interest rates (Treasury rate plus 1/8 of a percent) vary depending on call options and the interim maturity rate selected at each advance Hardship loans: Fixed interest rate of 5 percent for up to 20 years; requires special qualifications Website: https://go.usa.gov/xzWgX
Telecommunications Infrastructure Loans and Loan Guarantees
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