USDA has selected 33 rural utilities and electric cooperatives in 26 states to receive $1.8 billion in electrical loans through USDA Rural Development.
"USDA partners with utilities across the country to ensure the delivery of affordable, reliable electrical power to rural communities," Secretary of Agriculture Ed Schafer says. "These loans are investments that will spur or expand development opportunities and enhance the economic competitiveness for rural areas as good places to live and work."
The loans, which Congress authorized under the Rural Electrification Act of 1936, will build and repair 7,600 miles of electrical lines providing service to over 90,000 rural customers.
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