Washington Broadband Construction Loan Program

Washington State Department of Commerce

Letter of Intent (Required): Jul 18, 2023
Application: Oct 4, 2023

Sheila Richardson
sheila.richardson@commerce.wa.gov
564.999.1927

Tammy Mastro
tammy.mastro@commerce.wa.gov
360.791.2805

Ava Gombosky
ava.gombosky@commerce.wa.gov
360.338.5739

The Washington State Department of Commerce provides construction loans to promote the expansion of broadband service in unserved areas of Washington.

Eligible project activities include:

• Design, architectural, and engineering work
• Building permits and fees
• Archeological/historical review
• Construction labor and materials
• Demolition/site preparation
• Capitalized equipment
• Construction management
• Landscaping
• Real property and associated costs when purchased specifically for the project

Eligible applicants include:

• Local governments
• Tribes
• Nonprofit organizations
• Cooperative associations
• Multiparty entities comprised of public entity members
• Limited liability corporations organized for the purpose of expanding broadband access
• Incorporated businesses and partnerships

Washington

Loans up to $2,000,000

Approximately $13,544,543 available for loans. The loan term is 15 years, or the life of the improvement, whichever is less, including 4 years for completion.

There is a match required between 10% - 90% depending on the level of distress of the area.

A link to the application guidelines is available on the program website.

Submit a pre-application through the online application portal by July 18, 2023. The deadline for the full application is October 4, 2023.

Broadband · Capital funding · Washington