The Rural Utilities Service (RUS), part of the USDA, has extended and reopened the application period for the Guarantees for Bonds and Notes Issued for Utility Infrastructure Purposes Program, also known as the 313A Program. This program is now accepting applications until January 31, 2025. The program supports loans used for utility infrastructure projects and refinancing, aimed at borrowers who have received or are eligible for loans under the Rural Electrification Act of 1936. Applicants must submit their completed applications electronically to RUS.
Simple Explanation
The government is giving more time for people to ask for help with money to build or fix things like power lines in the countryside, and they have until the end of January 2025 to do it. People who want this help need to fill out a form online and send it in.