CoBank Stands Ready to Offer RDOF Support

CoBank has long been one of greatest advocates in providing financing, credit solutions and charitable programs to help rural communities thrive. The Federal Communications Commission’s Rural Digital Opportunity Fund (FCC RDOF) auction is just another means by which we can support our cooperative partners.

We stand ready to offer our support in two fundamental ways – providing the necessary letters of credit as required by the RDOF program and initial funding to construct your project while you await RDOF payments.

CoBank has already funded 45 electric cooperative broadband projects totaling over $1.1 billion in commitments. We have worked with cooperative partners like Conexon and NRTC to provide dozens of training sessions for management teams and boards across the country about the challenges and successes of electric cooperative broadband.

Engage us today in a discussion about your broadband plans so that we can help provide the financing and strategic solutions you need to succeed.

Email us about a letter of credit or initial funding for your RDOF project.