Department of Agriculture, Rural Utilities Service: Rural Broadband Access Loans and Loan Guarantees
GAO-11-541R: Apr 7, 2011
GAO reviewed the Department of Agriculture (USDA), Rural Utilities Service's new rule on Rural Broadband Access Loans and Loan Guarantees. GAO found that (1) the interim rule amends the regulations governing the Rural Broadband Access Loan and Loan Guarantee Program. The changes include revisions to eligibility requirements and direct loan terms; and (2) USDA complied with applicable requirements in promulgating the rule.