USDA Invests in Rural Broadband; RC Technologies is 1 of 12 Projects.
Announced by Agriculture Secretary Sonny Perdue on August 1st, the U.S. Department of Agriculture (USDA) is investing $97 million in 12 projects to provide or improve rural broadband service in 11 states: Arizona, Iowa, Idaho, Maryland, Minnesota, Missouri, Nevada, Oklahoma, South Dakota, Wisconsin and Wyoming. USDA is making the investments through the Telecommunications Infrastructure Loan Program and the Community Connect Grant Program.
RC Technologies is 1 of those 12 projects. RC is receiving a Telecommunications Infrastructure Loan Program loan of $17 million to provide internet, video and voice to more than 1,300 households, businesses and key community organizations. These services will create potential for business growth, increase employment, better public safety, and a higher quality of life for subscribers in Robert and Marshall Counties in South Dakota and Richland County in North Dakota.
The projects the USDA is investing in today will help improve the quality of life in rural communities. The investments are said to underscore USDA’s priority to promote rural economic development by centering around three principles: infrastructure, partnerships and innovation. Investing in telecommunications infrastructure connects people to each other: businesses to customers, farmers to markets and students to a world of knowledge.
“We are excited to be at this point.” Scott Bostrom, General Manager of RC Technologies said. “It will help in providing 779 miles of fiber to 1,315 households in rural communities, starting in the New Effington and Claire City exchanges.”
For USDA news release, click here: https://www.usda.gov/media/press-releases/2018/08/01/usda-invests-97-million-rural-broadband-infrastructure-improve