Kelly Manufacturing



National & World Ag News Headlines
USDA Extends ReConnect Application Deadline to April 15
USAgNet - 03/31/2020

USDA Deputy Under Secretary for Rural Development Bette Brand announced that his agency has extended the deadline for ReConnect Pilot Program applications to April 15.

"In light of the COVID-19 National Emergency, USDA is extending the application deadline for round two of ReConnect Pilot Program funding to give rural businesses, cooperatives, and communities extra time to apply for this critical assistance that will help bring high-speed broadband connectivity to rural communities," Brand said. "Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has made deploying this critical infrastructure in rural America a top priority, because when rural America thrives, all of America thrives."

In March 2018, Congress provided $600 million to USDA to expand broadband infrastructure and services in rural America. On Dec. 13, 2018, Secretary Perdue announced the rules of the program, called "ReConnect," including how the loans and grants will be awarded to help build broadband infrastructure in rural America. USDA received 146 applications between May 31, 2019, and July 12, 2019, requesting $1.4 billion in funding across all three ReConnect Program funding products: 100 percent loan, 100 percent grant, and loan-grant combinations. USDA is reviewing applications and announcing approved projects on a rolling basis. Additional investments in all three categories will be made in the coming weeks.

These grants, loans and combination funds enable the federal government to partner with the private sector and rural communities to build modern broadband infrastructure in areas with insufficient internet service. Insufficient service is defined as connection speeds of less than 10 megabits per second (Mbps) download and 1 Mbps upload.

In December 2019, Perdue announced USDA will be making available an additional $550 million in ReConnect funding in 2020. USDA will make available up to $200 million for grants, up to $200 million for 50/50 grant/loan combinations, and up to $200 million for low-interest loans. The application window for this round of funding opened on Jan. 31. Applications for all funding products will be accepted in the same application window, which will now close on April 15.


Other National Headlines
Hixwood Metal
E-Z Trail Farm Wagons
Copyright © 2024 - Farms.com. All Rights Reserved.