USDA-RD Funding Narrowband Radio
PR from Minnesota’s USDA-RD team:
USDA Rural Development Funding for Narrowbanding Radio Equipment
USDA Rural Development has loan and grant funds available to assist public safety licensees in the 150-174 MHz (VHF) and 421-512 MHz (UHF) to migrate their 25 MHz (wideband) systems to 15 MHz (narrowband). The deadline is Jan. 31, 2013, so if your community needs financial assistance with the migration contact your local Rural Development specialist.
— Public entities, nonprofits and Indian tribes in rural communities under 20,000 people are eligible to apply.
— To qualify for grants, a community’s median household income must not exceed $42,993 per the 2000 census.
— Grant assistance is provided on a graduated scale, from 15 to 75 percent based on median household income and population of service area.
— Interest rates on loans depend on median household income.
— The current interest rate is 3.375 percent. Rates change quarterly.
— Loan repayment terms are the life of the equipment.
To learn about Rural Development’s community facilities program, check out the program brochure.
You can also contact a local Rural Development office in your area to visit with a specialist for additional information.