02 Nov 2021
ECG’s Office of Economic & Community Development assembles a list of current grants and funding opportunities monthly. This month we highlight the U.S. Department of Agriculture ReConnect Loan and Grant Program. We will continue to share information about additional funding opportunities.
2/22/22 (opens on 11/24/21)
Type: Grant, Loan, or 50% Grant/50% Loan
The ReConnect Program offers federal loans, grants, and combinations thereof to facilitate broadband deployment in rural areas. ReConnect loans and grants provide funds for the costs of construction, improvement, or acquisition of facilities and equipment needed to provide broadband service to rural areas without sufficient broadband access. The program will make available $350 million for grants (25 percent match required); $250 million for 50/50 grant-loans; $200 million for loans; and $350 million for new 100 percent grants (no match required) for Tribal and socially vulnerable communities.