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USDA Approves Rural Broadband Loans

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WASHINGTON, May 7 -- The US Department of Agriculture (USDA) this week approved 20 rural broadband and telecommunication loans totaling $190 million to expand access to advanced technology in 19 states. Agriculture Secretary Ann M. Veneman announced in January 2003 that the USDA would expand efforts to bring farmers, rural residents and businesses greater access to improved telecommunication technology through loans and loan guarantees to rural telecommunications providers. Funds for the program were authorized through the 2002 Farm Bill. To date, over $206 million in broadband loans have...Read full article

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    Published: May 2004
    CommunicationsFarm BillindustrialNews & FeaturesNex-Tech Inc.Osborne Industriesrural broadbandUS Department of AgricultureUSDA

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