Doug Mohney
RUS ReConnect Round 3 Open while Electric Funding More Miles of Fiber than Power Lines
The Department of Agriculture’s Rural Utilities Service (RUS) has been funding infrastructure since its original inception in 1935 as the Rural Electrification Service. The agency is currently accepting ReConnect loan and grant applications for broadband projects with the latest round making available $750 million available in grant monies, $250 million available in a combination of loans and grants and another $200 million in loans available at a fixed 2% interest rate. Meanwhile, the agency has recently funded more miles of fiber than power line using electric funding.
NTIA, FCC, States prep for BEAD Broadband Funding Bonanza
Federal and state agencies are gearing up to distribute billions of dollars in broadband grant monies under the Infrastructure Investment and Jobs Act. The National Telecommunications and Information Administration (NTIA) is the lead organization tasked with distributing funds, while the Federal Communications Commission (FCC) will handle the new low-income subsidy. Both agencies are expected to provide support and advice.