Programs › 10.850
Assistance listing · 10.850
Rural Electrification Loans and Loan Guarantees
Federal financial assistance obligated under listing 10.850, the organisations that receive it and where it goes.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $83M in awards under assistance listing 10.850, Rural Electrification Loans and Loan Guarantees, in FY2026, and $740M over the five fiscal years since FY2023; the program ranks 323 of 1043 on this site.
Obligations were down 64% on FY2025 ($230M), with $0 so far in FY2027.
The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were Associated Electric Cooperative, Inc ($1.6B), National Rural Utilities Cooperative Finance Corporation ($1.4B) and Oglethorpe Power Corporation ($1.0B).
By place of performance, the most money went to GA, MO and FL.
Obligations by fiscal year
Compared with the largest program FY2026
| Measure | This program | Grants to States for Medicaid | All assistance |
|---|---|---|---|
| Obligations, FY2026 | $83M | $723B | $4.4T |
| Five-year total | $740M | $2.6T | $17T |
| Share of all assistance obligations, five years | 0% | 15.2% | 100% |
Largest recipients $1.0M+ award value since FY2023
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | Associated Electric Cooperative, Inc | 4 | $1.6B |
| 2 | National Rural Utilities Cooperative Finance Corporation | 3 | $1.4B |
| 3 | Oglethorpe Power Corporation | 4 | $1.0B |
| 4 | Georgia Transmission Corporation (an Electric Membership Corporation) | 3 | $931M |
| 5 | Cobank | 2 | $900M |
| 6 | Seminole Electric Cooperative, Inc | 1 | $750M |
| 7 | Cooperative Energy, a Mississippi Electric Cooperative | 3 | $747M |
| 8 | Sumter Electric Coop | 1 | $619M |
| 9 | Western Farmers Electric Cooperative | 2 | $554M |
| 10 | East Kentucky Power Coop | 1 | $457M |
| 11 | Hoosier Energy Rural Electric Cooperative Inc | 2 | $446M |
| 12 | United Electric Cooperative Services Inc | 2 | $444M |
| 13 | Carroll Electric Cooperative Corp | 1 | $432M |
| 14 | East Kentucky Power Cooperative, Inc. | 2 | $428M |
| 15 | Brazos Electric Power Coop | 2 | $383M |
Awarding agencies $1.0M+ awards
Where the money goes
Largest awards since FY2023
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Oglethorpe Power Corporation | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $755Mloan face value | 28 Sep 2023 | GA | USAspending |
| Seminole Electric Cooperative, Inc | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $750Mloan face value | 25 Sep 2024 | FL | USAspending |
| Sumter Electric Coop | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $619Mloan face value | 28 May 2026 | FL | USAspending |
| Associated Electric Cooperative, Inc | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $580Mloan face value | 12 Sep 2025 | MO | USAspending |
| Georgia Transmission Corporation (an Electric Membership Corporation) | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $550Mloan face value | 28 Sep 2023 | GA | USAspending |
| Associated Electric Cooperative, Inc | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $510Mloan face value | 20 Mar 2025 | MO | USAspending |
| Cooperative Energy, a Mississippi Electric Cooperative | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $493Mloan face value | 28 Aug 2023 | MS | USAspending |
| East Kentucky Power Coop | Department of AgricultureRural Utilities Service | LoanDirect Loan (e) | $457Mloan face value | 10 Jun 2026 | KY | USAspending |
| Recipient not shown | Department of AgricultureRural Utilities Service | LoanGuaranteed/Insured Loan (F) | $450Mloan face value | 17 Aug 2023 | CO | USAspending |
| National Rural Utilities Cooperative Finance Corporation | Department of AgricultureRural Utilities Service | LoanGuaranteed/Insured Loan (F) | $450Mloan face value | 11 Sep 2023 | VA | USAspending |
Other programs numbered 10.xxx
- 10.551 Supplemental Nutrition Assistance Program $362B
- 10.555 National School Lunch Program $109B
- 10.557 WIC Special Supplemental Nutrition Program for Women, Infants, and Children $29B
- 10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $25B
- 10.758 Affordable Rural Cooperative $9.4B
- 10.646 Summer Electronic Benefit Transfer Program for Children $8.2B
- 10.912 Environmental Quality Incentives Program $6.1B
- 10.427 Rural Rental Assistance Payments $6.1B
- 10.931 Agricultural Conservation Easement Program $4.4B
- 10.069 Conservation Reserve Program $3.9B
- 10.450 Crop Insurance $3.6B
- 10.924 Conservation Stewardship Program $3.2B
- 10.937 Partnerships for Climate-Smart Commodities $2.5B
- 10.703 Cooperative Fire Protection Agreement $2.2B
- 10.760 Water and Waste Disposal Systems for Rural Communities $1.9B
- 10.560 State Administrative Expenses for Child Nutrition $1.7B
- 10.923 Emergency Watershed Protection Program $1.7B
- 10.855 Distance Learning and Telemedicine Grants $1.6B
- 10.310 Agriculture and Food Research Initiative (AFRI) $1.5B
- 10.752 Rural eConnectivity Pilot Program $1.5B
- 10.558 Child and Adult Care Food Program $1.5B
- 10.868 Rural Energy for America Program $1.5B
- 10.727 Inflation Reduction Act Urban & Community Forestry Program $1.4B
- 10.030 Indemnity Program $1.3B
Questions and answers
How much is obligated under assistance listing 10.850?
$83M in FY2026 and $740M over the five fiscal years since FY2023, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.
Who receives the most under Rural Electrification Loans and Loan Guarantees?
Associated Electric Cooperative, Inc ($1.6B), National Rural Utilities Cooperative Finance Corporation ($1.4B), Oglethorpe Power Corporation ($1.0B), Georgia Transmission Corporation (an Electric Membership Corporation) ($931M), Cobank ($900M). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".
What is an assistance listing (CFDA) number?
A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.
Provenance
Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.