Rural Electrification Loans and Loan Guarantees


To assure that people in eligible rural areas have access to electric services comparable in reliability and quality to the rest of the Nation and to assist borrowers in implementation of demand-side management, energy efficiency and conservation programs and on-grid and off-grid renewable energy systems.

General information about this opportunity
Last Known Status
Program Number
Federal Agency/Office
Rural Utilities Service, Department of Agriculture
Type(s) of Assistance Offered
E - Direct Loans; F - Guaranteed/Insured Loans
Program Accomplishments
Not applicable.
Rural Electrification Act of 1936, as amended, 7 U.S.C. 901-950.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Rural electric cooperatives, public utility districts, municipalities, corporations, and other qualified power suppliers including those located in the U.S. Territories, the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau.
Beneficiary Eligibility
Persons, businesses, public bodies, tribal entities, and other entities in rural areas (as defined in program regulations) or those currently served through RUS electric loans. . Rural areas are defined in the Rural Electrification Act and program regulations as any area of the United States, or eligible insular areas, other than a city, town, or unincorporated area that has a population of greater than 20,000 inhabitants, or any area within a service area of an entity with an outstanding Rural Electrification Act loan on June 18, 2008.
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is required. An environmental impact statement is required for this listing. An environmental impact assessment is required for this listing. This program is excluded from coverage under E.O. 12372. An environmental impact statement or an environmental assessment is required for this program.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. This program is excluded from coverage under 2 CFR Part 200. Applications for direct loan and loan guarantees are made by resolution of the board of directors of the borrowing organization. Application packages are prepared with the assistance of RUS. Information on submitting applications is contained in 7 CFR Part 1710 and 1714.
Award Procedure
Depending on the amount of the loan requested, the RUS Administrator, Assistant Administrator, or appropriate Regional Director makes the final decision on approval of the loan upon a finding that it is economically feasible and serves the purposes of the Rural Electrification Act. Borrowers and Members of Congress are notified of the approval of a loan or loan guarantee directly, and the public is notified through normal media communications.
Not applicable.
Approval/Disapproval Decision Time
Distribution loans and loan guarantees are approved generally on an average of 3 to 6 months as funding becomes available. Loan guarantees for transmission and generation projects are approved generally on an average of 6 to 12 months. Larger projects may take longer.
Not applicable.
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
Long-term, direct loans and loan guarantees to qualified organizations for the purpose of supplying or improving electric services on a continuing basis in rural areas.
What are the requirements after being awarded this opportunity?
Not applicable.
In accordance with the provisions of 2 CFR 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements, Subpart F, Audit Requirements (Revised, December 26, 2013)nonfederal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Subpart F. Annual audit or Management Report
RUS borrowers keep the records prescribed for utility companies by the RUS regulations and the RUS Uniform System of Accounts, and by sound business practices.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Direct loans are generally made for a period up to 35 years, which approximates the expected useful life of the facilities financed. Provision is normally made for advances to be completed within 4 years, but this period is subject to extension if required. Advances of funds are made as required by the borrower. The terms and conditions of non-federal loan guarantees are negotiated between the borrower and the non-RUS lender, subject to RUS approval. .
Who do I contact about this opportunity?
Regional or Local Office
RUS has General Field Representatives (GFRs) located in areas served by borrowers across the United States. Contact headquarters to find the GFR serving a specific area.
Headquarters Office
Christopher McLean
1400 Independence Ave., Stop 1560

Washington, DC 20250 US
Phone: 2027209545
Website Address
Financial Information
Account Identification
(Guaranteed/Insured Loans) FY 22$748,288,000.00; FY 23 est $2,167,000,000.00; FY 24 est $2,200,000,000.00; FY 21$4,411,859,000.00; FY 20$5,490,721,000.00; FY 19$4,989,254,000.00; FY 18$2,922,444,000.00; FY 17$2,776,979,000.00; FY 16$3,165,750,000.00; - Guaranteed Federal Financing Bank Loans(Direct Loans) FY 22$3,656,042,000.00; FY 23 est $4,333,000,000.00; FY 24 est $4,300,000,000.00; FY 21$0.00; FY 20$0.00; FY 19$0.00; FY 18$0.00; - (Guaranteed/Insured Loans) FY 22 FY 23 FY 24 FY 21 FY 20$0.00; FY 19$0.00; FY 18$0.00; -
Range and Average of Financial Assistance
Average Guaranteed FFB: $32,668,948 Average.
Regulations, Guidelines and Literature
7 CFR XVII. RUS publishes and issues upon request bulletins bearing on the financing, construction, operation, and maintenance of rural electric systems. Also available are annual statistical summaries; and the Rural Electrification Act of 1936, as amended.
Examples of Funded Projects
Not applicable.


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