President Biden Announces Over $5 Billion to Support Rural Communities

President Joe Biden announced over $5 billion in new investments from his Investing in America agenda—including the Infrastructure Investment and Jobs Act and the Inflation Reduction Act—to advance rural prosperity, economic development, competition, and sustainability. $274 Million to Expand Critical Rural High-Speed Internet Infrastructure: the Department of Agriculture announced nearly $274 million across 16 grant and loan awards to expand access to high-speed internet for people living and working across eight states. These investments include $260 million as part of the fourth round of the ReConnect Program funded by the Infrastructure Investment and Jobs Act. See list of awarded projects.