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ReConnect Loan and Grant Program | USDA

ReConnect Loan and Grant Program | USDA

Phone number
- USDA ReConnect Program: none - USDA ReConnect Program - Technical Assistance: none
Category
Nonprofit
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Eligibility
Alaska Native Corporations, Tribal Governments, Colonias, Persistent Poverty Areas, Socially Vulnerable Communities, everyone
Auto Summary
The ReConnect Loan and Grant Program by USDA provides funds for the construction, improvement, or acquisition of broadband facilities in eligible rural areas. The program offers 100% grants, 100% loans, and combo options with varying award amounts and requirements. The application window for the fifth round of funding opens on March 22, 2024. The program has already invested billions of dollars in projects across multiple states and territories. Interested parties can learn more about the program, view awardees, and stay updated through the provided links.
Value
$150M
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Programa de Préstamos y Subvenciones ReConnect | USDA

What is the Rural Development Broadband ReConnect Program?

The ReConnect Loan and Grant Program furnishes loans and grants to provide funds for the costs of construction, improvement, or acquisition of facilities and equipment needed to provide broadband service in eligible rural areas. The application window for the fifth round of funding will open on March 22, 2024 and close on May 21, 2024, 11:59 a.m. Eastern. Follow one of the links below to learn more about the program.

100% Grant

For Alaska Native Corporations, Tribal Governments, Colonias, Persistent Poverty Areas and Socially Vulnerable Communities

Up to $150M Available

Potential awardees must meet a 100 Mbps symmetrical minimum service requirement in all proposed service areas. The maximum award amount is $25M, and no match is required. The applications are evaluated in a competitive process.

100% Loan

Up to $200M available

Potential awardees must meet a 100 Mbps symmetrical minimum service requirement in all proposed service areas. The maximum award amount is $50M, and the interest rate is set at a fixed 2%. The applications for this product are reviewed on a rolling basis and are not evaluated competitively.

Combo

Up to $200M available

Potential awardees must meet a 100 Mbps symmetrical minimum service requirement in all proposed service areas. Up to $100M is available for loans and up to $100M is available for grants. The maximum award amount is $25M for the loan and $25M for the grant, and the interest rate is set at the US Treasury Rate. The applications are evaluated in a competitive process.

100% Grant

Up to $150M available

Potential awardees must meet a 100 Mbps symmetrical minimum service requirement in all proposed service areas. The maximum award amount is $25M, and a 25% match is required. The applications are evaluated in a competitive process.
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Program Awardees

In the first round of the ReConnect Program, USDA invested $695.12 million in projects that will create or improve high-speed internet access for rural customers across 35 states and territories. In the second round of the ReConnect Program, USDA invested $949.88 million to create or improve high-speed internet access for rural customers across 37 states and territories. In the third round of the ReConnect Program, USDA invested $1.66 billion to create or improve high-speed internet access for rural customers across 31 states and territories. To date, USDA has announced $1.76 billion for projects in the fourth round of funding. Through Congressionally Directed Spending, USDA has invested $3.11 million to create and improve high-speed internet access for rural customers across four states. USDA has invested a total of $5.07 billion invested through the ReConnect Program.

Proposed and Approved Projects

View all submitted applications, including those currently under review, by viewing the project map. Once the map opens, select the “Under Review” or “Approved” layers to learn more about the projects under each option. All applications that are not funded under the ReConnect program will be removed from the map.

Events

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Attend a training for technical assistance.

Announcements

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Read community announcements.

Stay up to date

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Stay up to date with the latest information on the ReConnect Program.

We'd like to hear from you

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Submit your questions, comments and suggestions to help us identify how we can meet your service needs.