USDA Announces Rural Electric Loans
News Date August 31, 2010
USDA Rural Development announced this morning that $1.2 billion in guaranteed loans are being awarded through USDA Rural Development's Electric Program to 37 rural utilities and cooperatives in 20 states. The funds will go towards constructing and repairing nearly 7,000 miles of distribution and transmission lines and will benefit more than 60,000 rural electric cooperative consumers. (Contact: Brad McKinney)