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The RUS originated with the Rural Electrification Administration (REA), one of the agencies created under the New Deal in 1935 to promote rural electrification. The REA was created by executive order on May 11, 1935, by President Franklin D. Roosevelt. [5]
Rural Electrification Act; Other short titles: Rural Electrification and Telephone Service Act of 1936: Long title: An Act to provide for rural electrification, and for other purposes. Nicknames: Rural Electrification Act of 1936: Enacted by: the 74th United States Congress: Effective: May 20, 1936: Citations; Public law: Pub. L. 74–605 ...
The Rural Electrification Administration (REA) was created by executive order as an independent federal bureau in 1935, authorized by the United States Congress in the 1936 Rural Electrification Act, and later in 1939, reorganized as a division of the U.S. Dept. of Agriculture. It was charged with administering loan programs for electrification ...
The law invests roughly $13 billion in rural electrification across multiple programs and will create 4,500 permanent jobs and 16,000 construction jobs, according to the White House. The administration calls it the largest investment in rural electrification since the New Deal in the 1930s.
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Morris Cooke had been interested in, and began working toward, the idea of rural electrification beginning in the 1920s. Cooke had been a progressive Republican prior to 1930, but following the election of Franklin D. Roosevelt, Cooke shifted his support and became a liberal Democrat.
In order to connect rural residents, it will take major investments. In the coming months, internet service providers will compete for $159 million in Capital Projects Funds for further service ...
In 1949, the Rural Electrification Administration (REA) loan program was established to give long-term, low-interest loans to rural telephone systems. In response, the National Rural Electric Cooperative Association (NRECA) created a committee of representatives from emerging joint electric-telephone cooperative organizations.