USDA gives rural broadband a $119 million boost
The US Department of Agriculture (USDA) dished out more funding for rural broadband, awarding more than $119 million in loans and grants for projects in 19 states. The money was distributed as part of a $5.2 billion investment the USDA made to boost rural infrastructure projects. The figure included $48.6 million in Community Connect grants for broadband deployments and $71.1 million in loans for telecom infrastructure rollouts. Sierra Telephone Company secured the largest of the telecom loans, bagging $40.2 million for work in California.