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USDA invests $24 million in high-speed broadband in rural Iowa

USDA invests $24 million in high-speed broadband in rural Iowa

Farmers Mutual Cooperative Telephone Company of Moulton, Iowa will use a $4.9 million ReConnect grant and a $4.9 million ReConnect loan to deploy a fiber-to-the-premises network, which will connect 3,085 people, 228 farms, 50 businesses and two healthcare facilities to high-speed broadband internet in Appanoose and Davis counties in Iowa.

Farmers Mutual Telephone Company of Stanton, Iowa will use a $2.3 million ReConnect grant and a $2.3 million ReConnect loan to deploy a fiber-to-the-premises network which will connect 954 people, 115 farms and eight businesses to high-speed broadband internet in Taylor and Page counties in Iowa.

Harmony Telephone Company will use a $4.8 million ReConnect grant and a $4.8 million ReConnect loan to deploy a fiber-to-the-premises network, which will connect 1,579 people, 96 farms and 31 businesses to high-speed broadband internet in Howard and Chickasaw counties in Iowa.

On April 20, 2020, USDA announced the Department has received 172 applications for $1.57 billion in Round Two of the ReConnect Program. The second round will enable USDA to implement innovative new solutions to rural connectivity by leveraging financial options with our partners and continuing the success of the first round of funding. The application window for Round Two closed on April 15.

In Round One of the ReConnect Program, USDA invested $698 million to bring high-speed broadband e-Connectivity to approximately 167,000 households, 17,000 rural small businesses and farms, and more than 500 health care centers, educational facilities and critical community facilities located in 33 states. To learn more about individual investments, read USDA’s Broadband ReConnect Program report (PDF, 4 MB).

USDA received 11 Round Two ReConnect Program applications that are eligible for the $100 million Congress allocated to the program through the CARES Act.

To learn more about ReConnect Program eligibility, technical assistance and recent announcements, visit www.usda.gov/reconnect.



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