An Analysis of Federal Broadband Funding Programs

Federal funding for broadband expansion is spread out over a number of different initiatives, which may make it difficult to decide on a funding strategy. Here are CTC Technology and Energy's points to consider when weighing your options for federal broadband funding:

• The Coronavirus State and Local Fiscal Recovery Fund is likely the most unrestricted opportunity you will have when it comes to broadband infrastructure investments.
• So far, State and Local Fiscal Recovery Fund is the only opportunity to potentially offset bad Rural Digital Opportunity Fund outcomes for most projects. 
• The Coronavirus Capital Projects Fund may be a good alternative, but it depends on how your state government decides to administer the funds.
• Upcoming infrastructure and stimulus funding bills targeting broadband expansion may have restrictions so onerous that they practically exclude most desired initiatives.
• The Broadband Infrastructure Program released interim final rules, and it may have restrictions that severely limit what projects are deemed eligible. The recommended, but not required, 10 percent match is a welcome low bar and does not require cash commitments from strained local government budgets
• United States Department of Agriculture’s ReConnect program will have more strings attached in enabling legislation than other grant programs.
• The Economic Development Administration has more flexibility and generous funding, but it requires documentation on economic impact and has strongly preferred projects that extend to businesses rather than residential buildings.