123STA T . 11 8PUBLIC LA W 111 –5—FE B.1 7, 2 0 0 9forsecti o n502d irect l o a ns
and $13 3 , 000,000 for section 502 u nsu b- sidi z ed g uaranteed loans .RU R ALCOM MU NITYF ACILITI ESP RO G RAM ACCOUNT F or an additional a m ount for t h e cost of direct loans and grants for rural communit y facilities p rograms as authorized by section 30 6 and described in section 3 8 1 E( d ) (1) of the C onsolidated Farm and R ural D e v elopment A ct, $130,000,000. RURAL B USINESS — COOPERATI V E S ERVICE RURAL B USINESS PROGRAM ACCOUNT For an additional amount for the cost of guaranteed loans and grants as authorized by sections 310B(a)(2)(A) and 310B(c) of the Consolidated Farm and Rural Development Act ( 7U .S.C. 1 9 32), $150,000,000. RURAL UTILITIES SERVICE RURAL W ATER AN D WASTE DISPOSAL PROGRAM ACCOUNT For an additional amount for the cost of direct loans and grants for the rural w ater, waste water, and waste disposal pro- grams authorized by sections 306 and 310B and described in section 381E(d)(2) of the Consolidated Farm and Rural Development Act, $1,380,000,000. DISTANCE LEARNING, TELEMEDICINE, AND BROADBAND PROGRAM For an additional amount for the cost of broadband loans and loan guarantees, as authorized by the Rural Electrification Act of 1936 (7 U.S.C. 901 et se q .) and for grants (including for technical assistance), $2,500,000,000
- Provide
d, T hat the cost of direct and guaranteed loans shall be as defined in section 502 of the Congres- sional Budget Act of 197 4
- Provided
fu r th er, That, notwithstanding title VI of the Rural Electrification Act of 1936, this amount is available for grants, loans and loan guarantees for broadband infra- structure in any area of the United States: Provided further, That at least 75 percent of the area to be served by a pro j ect receiving funds from such grants, loans or loan guarantees shall be in a rural area without sufficient access to high speed broadband service to facilitate rural economic development, as determined by the Secretary of Agriculture: Provided further , That priority for awarding such funds shall be given to project applications for broadband systems that will deliver end users a choice of more than one service provider: Provided further, That priority for awarding funds made available under this paragraph shall be given to projects that provide service to the highest proportion of rural residents that do not have access to broadband service: Provided further, That priority shall be given for project applications from borrowers or former borrowers under title II of the Rural Electrifica- tion Act of 1936 and for project applications that include such borrowers or former borrowers: Provided further, That priority for awarding such funds shall be given to project applications that demonstrate that, if the application is approved, all project elements will be fully funded: Provided further, That priority for awarding Grants.Lo ans.
