Skip to main content

Rural eConnectivity Broadband Loan and Grant Pilot Program (ReConnect)

Sponsors
U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service
Deadlines
Mar 16, 2020
Contact

Chad Parker
202.720.9554
chad.parker@usda.gov

Online contact form

Purpose

The Rural eConnectivity Broadband Loan and Grant Pilot Program (Short title: ReConnect) provides funding to expand broadband service to rural areas without sufficient broadband access, which is defined as 10 megabits per second (Mbps) downstream and 1 Mbps upstream.

Applicants are limited to one of the following project types:

  1. 100% grant - The proposed funded service area for this category must be in an area where 90% of the households do not have sufficient broadband access.
  2. 50% grant/50% loan - The proposed funded service area for this category must be in an area where 90% of the households do not have sufficient broadband access.
  3. 100% loan - The proposed funded service area for this category must be in an area where 90% of the households do not have sufficient broadband access.

ReConnect provides funding for:

  • Construction, improvement, and acquisition of facilities required to provide service at a minimum of 25 Mbps downstream and 3 Mbps upstream
  • Acquisition of an existing system not currently providing sufficient access to broadband, under certain circumstances and with restrictions
  • Some pre-application expenses may also be eligible for reimbursement
Eligibility

Eligible applicants include:

  • Nonprofit entities
  • For-profit corporations
  • Limited liability companies
  • Cooperative or mutual organizations
  • States, local governments, or any agency, subdivision, instrumentality, or political subdivision thereof
  • Territories or possessions of the United States
  • Indian tribes (as defined in section 4 of the Indian Self-Determination and Education Assistance Act
Geographic coverage
Nationwide and U.S. territories
Amount of funding

The type and amount of award will depend on the type of financing or funding that best fits the applicant's business model, service area, and financial plan.

100% grant:

  • Award ceiling: $25,000,000
  • Total funding available: $200,000,000

50% grant/50% loan :

  • Award ceiling: $25,000,000 loan and $25,000,000 grant
  • Total funding available: $200,000,000
  • Interest rate: Set at the Treasury rate for the remaining amortization period at the time of each advance of funds

100% loan:

  • Maximum loan request: $50,000,000
  • Total funding available: $200,000,000
  • Interest rate: Set at a fixed 2%
Application process

Application instructions are available in the Federal Register.

The online application will be open from January 31 - March 16, 2020. The link will be available on the program website during the application period.

Tagged as
Broadband ยท Infrastructure



For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.