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Thursday, October 17, 2024

USDA awards $10M loan for broadband expansion in three Virginia counties

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U.S. Rep. Morgan Griffith Representing Virginia's 9th District | Official U.S. House headshot

U.S. Rep. Morgan Griffith Representing Virginia's 9th District | Official U.S. House headshot

The U.S. Department of Agriculture (USDA) Rural Development has granted a $10 million loan to Pembroke Telephone Cooperative. This funding is designated for the deployment of a fiber-to-the-premises network in Craig, Giles, and Montgomery Counties. Congressman Morgan Griffith (R-VA) commented on the initiative, stating:

"Investments in broadband infrastructure prepare rural communities for access to high-speed internet."

He further added, "This USDA Rural Development loan for $10 million helps Pembroke Telephone Cooperative deliver reliable broadband to individuals, businesses and farms in the rural communities they serve."

The funds are provided through the USDA Rural Development Broadband Reconnect Program. This program offers loans and grants to cover construction, improvement, or acquisition costs for facilities and equipment necessary to provide broadband service in eligible rural areas.

In 2022, Pembroke Telephone Cooperative was awarded a USDA Rural Development loan guarantee of $5 million to build fiber-to-the-premises facilities.

Congressman Griffith has been an advocate for expanding broadband access in the Ninth District. He recently participated in a Communications & Technology Subcommittee hearing with an official from the National Telecommunications and Information Administration (NTIA). Additionally, he has been monitoring and encouraging the approval of Virginia’s Broadband Equity, Access and Deployment (BEAD) program submitted by Governor Youngkin.

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