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Electric Infrastructure Loan & Loan Guarantee Program is sponsored by U.S. Department of Agriculture Rural Development. Provides loans and loan guarantees for the construction, improvement, or expansion of electric infrastructure in rural areas.
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Electric Infrastructure Loan & Loan Guarantee Program - FundHubWA Electric Infrastructure Loan & Loan Guarantee Program From US Department of Agriculture (USDA) The electric program makes insured loans and loan guarantees to nonprofit and cooperative associations, public bodies, and other utilities. Insured loans primarily finance the construction of electric distribution facilities in rural areas.
The guaranteed loan program has been expanded and is now available to finance generation, transmission, and distribution facilities.
The loans and loan guarantees finance the construction of electric distribution, transmission, and generation facilities, including system improvements and replacement required to furnish and improve electric service in rural areas, as well as demand side management, energy conservation programs, and on-grid and off-grid renewable energy systems.
Interest rates are at treasury notes + 1/8 of 1%; hardship loans are at 5% for up to 35 years Electric Infrastructure Loan & Loan Guarantee Program US Department of Agriculture (USDA) Buildings & Infrastructure Businesses, Local Government, Nonprofits, Tribes Buildings & Infrastructure, Energy Efficiency Energy Efficiency Improvements, Equipment Purchase, Financial Help Retail or power supply providers serving qualified rural areas Funds may be used for maintenance, upgrades, expansion, replacement of distribution, sub transmission, and headquarters; energy efficiency; and renewable energy systems.
Loan guarantees up to 100% to qualified borrowers in rural areas; 100% of construction work can be financed. Hardship loans are also available. Technical Assistance Contact Rodney Peach, USDA: (509) – 309-6923; Rodney.
Peach@usda. gov Get answers to frequently asked questions (FAQ) about funding. Need help with something specific?
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According to the current listing, eligibility includes: Nonprofit and cooperative associations, public bodies, and other entities serving rural areas. Confirm the full requirements in the official notice before applying.
Electric Infrastructure Loan & Loan Guarantee Program is funded by U.S. Department of Agriculture Rural Development. Verify program details on the funder's official page before applying.
Yes — this listing is flagged as national in scope, so applicants across the U.S. may apply, subject to the sponsor's other eligibility criteria.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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