Other Eligibility Criteria:
Rural areas with less than 20,000 residents according to the latest U.S. Census data
Funding Match/Terms:
Loan repayment terms may not be longer than the useful life of the facility, state statutes, the applicants authority, or a maximum of 40 years, whichever is less. Interest rates are set by Rural Development.
Grant matching rates are between 25% and 85% depending on the size of the community and median household income. See the site for more details.
Source:
https://broadbandusa.ntia.doc.gov/sites/default/files/bbusa_federalfunding_all_200511.pdf