Connecting Rural America Act - Amends the Rural Electrification Act of 1936 to include grants in the rural broadband loan program. Limits grants to not more than 50% of a project's development costs, with a waiver for up to 75% of such costs.
Provides higher grant rates for communities that are small, remote, high poverty, and working with specified stakeholders.
Authorizes appropriations for the program.
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