Treasury Announces Four Additional Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet

The US Department of the Treasury announced the approval of broadband projects in four additional states under the American Rescue Plan’s Capital Projects Fund in President Biden’s American Rescue Plan: Alabama, Kentucky, Nevada, and Texas. Together, these states will use their funding to connect over 292,000 homes and businesses to affordable, high-speed internet. A key priority of the Capital Projects Fund 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. Alabama is approved to receive $191.9 million for broadband infrastructure, which the state estimates will connect 55,000 households and businesses to high-speed internet access. Kentucky is approved to receive $182.8 million for broadband infrastructure, which the state estimates will connect 45,000 households and businesses to high-speed internet access. Nevada is approved to receive $55.2 million for broadband infrastructure, which the state estimates will connect over 40,000 households and businesses to high-speed internet access. Texas is approved to receive $363.8 million for broadband infrastructure, which the state estimates will connect 152,000 households and businesses to high-speed internet access.