Reconnect treas rate 50-50 loan-grant infrastructure invest and jobs act grant

The Department of Agriculture Rural Utilities Service awarded Home Telephone Company, doing business as TDS Telecommunication, $18,088,212 on May 6, 2026, under the Rural eConnectivity Pilot Program (CFDA 10.752) to deploy broadband infrastructure in Madison, Wisconsin through May 6, 2028. The award is structured as a 50-50 loan-grant hybrid under the Infrastructure Investment and Jobs Act's ReConnect Program.

Home Telephone Company will deliver fiber optic and ethernet cabling installation, networking equipment procurement, and retail broadband service to rural residences, businesses, schools, libraries, and healthcare facilities in the Madison service area. The ReConnect Program expands broadband access to rural areas without sufficient connectivity, defined at minimum as 25 megabits per second downstream and 3 megabits upstream. Grant and loan-grant combination awards are scored competitively on rurality, the number of farms, businesses, healthcare, educational, and critical community facilities served, service performance quality, state broadband activity presence, and tribal land presence in the funded service area.

Home Telephone Company is a subsidiary of North-State Telephone CO., headquartered in Condon, Oregon, and operates as a rural broadband infrastructure developer. Place of performance is Madison, WI 53705.