Biden-Harris Administration Award Over $90 Million in American Rescue Plan Funds to Vermont to Increase Internet Access
The US Department of the Treasury approved over $90 million for broadband projects in the state of Vermont under the American Rescue Plan’s (ARPA) Capital Projects Fund (CPF). Vermont will use its funding to connect nearly 14,000 homes and businesses to affordable, high-speed internet. The funding advances the Biden-Harris Administration’s commitment to connecting every American household to affordable, reliable high-speed internet. The 13,818 households and businesses represent 22% of locations still lacking high-speed internet access. Vermont’s award will fund the Vermont Community Broadband Construction Grant Program, a formula grant program that provides funding to communities for the construction of locally defined and prioritized broadband infrastructure projects through a system of regional Communication Union Districts (CUDs). The total funding amount allocated for each CUD was determined based on the percentage of road segments without existing access to high-speed wireline facilities. The Broadband Construction Grant Program is designed to provide internet service with speeds of 100/100 Mbps symmetrical to households and businesses upon project completion. The plan submitted to Treasury that was approved represents 80% of the state’s total allocation under the CPF program. Vermont submitted plans for the remainder of its CPF funds and these plans are under review by Treasury.
Biden-Harris Administration Award Over $90 Million in American Rescue Plan Funds to Vermont to Increase Internet Access