Sunday, August 21, 2011

USDA Announces $103 million in funding for 23 Broadband Projects

The U.S. Department of Agriculture announced more than $103 million in funding for 23 projects to provide broadband services to unserved and underserved rural communities. A total of 18 recipients will receive the awards.




In July, the U.S. Department of Agriculture (USDA) announced $192 million in loans for broadband projects by rural telecom carriers in eight states. The new awards add to this figure.


Administered by USDA Rural Development's Rural Utilities Service (RUS), this financing is part of the $690 million investment during fiscal year 2011 and is in addition to the $3.5 billion in broadband funding RUS awarded for projects under the American Recovery and Reinvestment Act of 2009.
http://www.usda.gov

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