USDA Rural Development State Director Dave Conine announced a $7,695,000 loan to make broadband and other advanced communications infrastructure improvements in rural Utah and Idaho.
USDA is providing assistance to Direct Communications Cedar Valley, LLC, through the Telecommunications Infrastructure Loan program. Telecommunications infrastructure loans help maintain, upgrade or expand rural telecommunications networks.
Direct Communications Cedar Valley, LLC is receiving a $7,695,000 telecommunications loan to establish a fiber-to-the-home network that will provide customers in Idaho and Utah with voice, broadband, and streaming video services, and make other system improvements. Funding for the recipients is contingent upon the groups meeting the terms of the grant agreement.
The Farm Bill builds on historic economic gains in rural America over the past five years, while achieving meaningful reform and billions of dollars in savings for taxpayers. Since its enactment, USDA has made significant progress to implement each provision of this critical legislation. The Department has provided disaster relief to farmers and ranchers; strengthened risk management tools; expanded access to rural credit; funded critical research; established innovative public-private conservation partnerships; developed new markets for rural-made products; and invested in infrastructure, housing and community facilities to help improve the quality of life in rural America. For more information, visit www.usda.gov/farmbill.
President Obama’s historic investments in rural America have made our rural communities stronger. Under his leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities.