ReConnect Loan and Grant Program

Type: 
Funding
Description: 

Deadline Passed 07/12/2019. Deadline Unknown for 2020. The ReConnect Program is an innovative new pilot program that offers unique federal financing and funding options in the form of loans, grants, and loan/grant combinations to facilitate broadband deployment in areas of rural America that don’t currently have sufficient access to broadband. This pilot program will generate private sector investment to deploy broadband infrastructure to provide high-speed internet e-Connectivity to as many rural premises as possible, including homes, community facilities for healthcare and public safety, schools, libraries, farms, ranches, factories, and other production sites. For those who are applying for 100% loan, the deadline is July 12, 2019. 

Category: 
broadband, rural areas, infrastructure, high-speed internet, capacity building
Funding Amount: 
Up to $200,000,000 is available for loan/grant combinations. The maximum amount that can be requested in an application is $25,000,000 for the loan and $25,000,000 for the grant. Loan and grant amounts will always be equal.
Matching Funds: 
NA

Geography:

Eligibility: 
Indian Tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. § 450b)) included as eligible applicant