Agency: Department of Agriculture – Rural Utilities Service
Description:
Direct loans for broadband infrastructure: broadband loans provide funding on a technology-neutral basis for financing: the construction, improvement, and acquisition of facilities required to provide broadband service, including facilities required for providing other services through the same facilities; the cost of leasing facilities required to provide service at the broadband lending speed if such lease qualifies as a capital lease under Generally Accepted Accounting Principles; and the acquisition of such facilities, under certain circumstances and with restrictions. For additional detail see 7 CFR 1738
Bill Section:
Division J
New or Existing:
Existing
Potential Cost:
$74,000,000
Timeline:
Until expended.