Treasury Department Announces Approval of Federal Funding to Connect 127,000 California Homes and Businesses to Affordable, High-Speed Internet as Part of President Biden’s Investing in America Agenda

Treasury approved $540.2 million for high-speed internet projects in California under the American Rescue Plan’s Capital Projects Fund (CPF)—the largest single-infusion of broadband funding to a state under CPF. California will use its funding to connect approximately 127,000 homes and businesses to affordable, high-speed internet. California’s Last Mile Broadband Expansion grant program is a new competitive grant program designed to provide internet access to areas of the state currently lacking access to reliable broadband at speeds of 25/3 Mbps. The plan approved by the Treasury Department today represents 100% of the state’s total allocation under the Capital Project Funds program. The program will be administered by the California Public Utilities Commission.