Treasury Announces American Rescue Plan Funds to Connect Over 31,000 in South Carolina
The US Department of the Treasury announced the approval of broadband projects in South Carolina under the Capital Projects Fund (CPF) in the American Rescue Plan Act (ARPA). The state estimates it will use its funding to connect over 31,000 homes and businesses to affordable, high-speed internet—representing 23% of locations still lacking high-speed internet access.. A key priority of the CPF program is to make funding available for reliable, affordable broadband infrastructure, advancing President Biden’s goal of affordable, reliable, high-speed internet for all Americans. South Carolina is approved to receive $185.8 million for broadband infrastructure. South Carolina’s award will fund the Next, Next Greatest Thing – Main Street South Carolina (MAIN ST) grant program, a competitive last-mile broadband grant program designed to provide affordable, reliable broadband service to rural areas that currently lack adequate internet service. Within those eligible areas, the MAIN ST program prioritizes projects that will deliver broadband to rural town centers and the surrounding residential areas. The plan submitted to the Treasury Department and being approved represents 100% of the state’s total allocation under the CPF program.
Treasury Announces American Rescue Plan Funds to Connect Over 31,000 in South Carolina