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

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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.


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