New US Department of the Treasury Analysis Shows President Biden’s Investing in America Agenda is Driving Investment to Underserved Communities in Georgia

The Department of the Treasury released new analysis on the benefits of President Biden’s Investing in America Agenda for Georgia. These resources and incentives—including those unlocked by the American Rescue Plan Act and the Inflation Reduction Act—are catalyzing historic growth for small businesses, supporting workers, strengthening housing security, closing the digital divide, and unleashing private-sector investments in clean energy in predominantly underserved communities. Georgia received $250 million for broadband infrastructure from the American Rescue Plan’s Capital Projects Fund to connect 70,000 households and businesses to reliable, high-speed internet. In addition, the state is investing $377.2 million of State and Local Fiscal Recovery Funds (SLFRF) program funds in broadband infrastructure in areas that are currently unserved or underserved. These communities lack a wireline connection that reliably delivers minimum speeds of 25 Mbps download and 3 Mbps upload.