What new deal provided federal loans to farmers' cooperatives to extend elctrical power lines to rural areas?

The Rural Electrification Act (REA), enacted in 1936, provided federal loans to farmers' cooperatives to extend electrical power lines to rural areas across the United States. This initiative aimed to improve the quality of life in rural communities by ensuring access to electricity, which was essential for modern farming and household conveniences. The REA played a crucial role in boosting rural economies and enhancing living standards during the Great Depression.