Department of the Treasury

The Department of the Treasury announced the approval of $140 million in federal funds for Wi-Fi and computers and improving multi-purpose community facilities in Wisconsin under the American Rescue Plan’s Capital Projects Fund (CPF). Wisconsin’s awards include two funding streams: $33 million for digital connectivity technology projects, and $107 million for multi-purpose community facility projects.

The Department of the Treasury announced the approval of $22.5 million in federal funds for a multi-purpose community facility providing health care, education, and workforce services in Washington (DC) as a part of President Biden’s Investing in America Agenda. These federal resources will go towards the expansion of Whitman-Walker’s Max Robinson Center at the St.

Secretary of the Treasury Janet Yellen and Office of Management and Budget (OMB) Director Shalanda Young released the final budget results for fiscal year (FY) 2023. Outlays for the Federal Communications Commission were $17.9 billion, $2.3 billion lower than the Mid-Session Review estimate. This is mainly due to lower-than-anticipated outlays for the Affordable Connectivity Program (ACP) and the Emergency Connectivity Fund for Educational Connections and Devices (ECF). Also, Universal Service Fund outlays were $498 million higher than anticipated.

The Department of the Treasury approved $156.7 million for high-speed internet projects in Oregon under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF). Oregon is approved to receive $149 million for broadband infrastructure projects, which the state estimates will connect approximately 17,195 homes and businesses to affordable, high-speed internet.

The Secretary of the Treasury issued an interim final rule to implement the amendments made by the Consolidated Appropriations Act, 2023 with respect to the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan Act. Since the launch of the SLFRF program, Treasury has disbursed 99.99 percent of SLFRF funds to approximately 30,000 state, local, and ribal governments, and these recipients have moved swiftly to deploy this funding in their communities.

The Department of the Treasury approved $167.7 million for high-speed internet projects in Oklahoma under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF), which the state estimates will connect approximately 20,000 homes and businesses to affordable, high-speed internet. Oklahoma is approved to receive funds for broadband infrastructure projects.

The Department of the Treasury approved $158 million in federal funds for broadband infrastructure and multi-purpose community facility projects in Puerto Rico under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF). Puerto Rico is approved to receive $85.7 million to improve the resiliency, reliability, and speed of the island’s high-speed inte

The US Department of the Treasury approved $162.5 million in federal funds for broadband infrastructure and multi-purpose community facility projects in Ohio under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF).

The State and Local Fiscal Recovery Funds (SLFRF) program established by the American Rescue Plan Act (ARPA) continues to deliver critical financial support to communities across the country recovering from the COVID-19 pandemic. The SLFRF program is stimulating investments in strengthening the country’s internet infrastructure by funding upgrades—such as laying fiber backbone, completing last-mile connections, and prioritizing equitable access. These crucial investments provide residents with access to education, health care, government services, and economic opportunity.