Treasury Department To Give Awards to Connect More Families and Businesses to High-Speed Internet
May 15, 2023
The US Department of the Treasury approved federal funds for multi-purpose community facility projects and broadband infrastructure projects in Delaware and Idaho under the American Rescue Plan’s (ARPA) Capital Projects Fund (CPF). A key priority of the CPF program is expanding economic opportunities and providing internet connectivity in communities with unmet needs. The following descriptions summarize the Idaho and Delaware plans that Treasury approved:
- Delaware is approved to receive $65.9 million for Delaware’s Multi-Purpose Community Facility Program, which will provide funding for the construction and renovation of 29 nonprofit community facilities selected through a competitive grant process. These facilities will provide services or activities that directly enable work, education, and health monitoring in towns and cities with unmet needs across the state’s three counties. The plan approved by the Treasury Department today represents 58% of the state’s total allocation under the CPF program.
- Idaho is approved to receive $120 million for broadband infrastructure, which the state estimates will serve 35,000 locations. The Idaho Broadband Advisory Board (IBAB) Broadband Infrastructure Grant – CPF (BIG-CPF) is a competitive grant program designed to bring reliable broadband infrastructure to areas lacking access to internet with speeds of at least 100/20 Mbps. The plan approved by the Treasury Department today represents 93% of the state’s total allocation under the CPF program.
Treasury Department Announces Awards to Connect More Families and Businesses to High-Speed Internet