Just last month USDA announced loans for the development of rural broadband. At the end of last week they announced more.
Agriculture Deputy Secretary Chuck Conner announced that nearly $30 million in loans will be provided to telecommunications firms in Iowa, Kentucky, Ohio and Texas. The funds are provided under the USDA Rural Development’s Broadband Access and Telecommunications Programs.
“Since 1949 USDA has been providing long term financing to build and maintain communications infrastructure that is the cornerstone of rural America’s telecommunications system,” said Conner. “These loans continue a long tradition of ensuring that rural residents fully participate in commercial and educational opportunities that can be provided only by reliable broadband and telecommunications services.”