Department of Treasury

Treasury Empowers Iowa's Push for Universal Broadband Access

Over the years, Iowa's demand for broadband infrastructure far outstripped the funding the state has been willing to supply. But the state is allocating millions in federal funding to help it reach its broadband goals. The latest funding comes from the U.S. Treasury's Capital Projects Fund.

Missouri Using 100% of Capital Projects Fund Allocation for Broadband

On December 1, 2022, the U.S. Treasury approved Missouri’s plan to dedicate all of its Capital Projects Fund allocation to extend the reach of broadband in the state. Agriculture is Missouri’s leading economic driver. Over 95,000 farms employ nearly 400,000 people, export more than $2.5 billion across the globe, and make economic contributions to the state of $88.4 billion. Missouri is second in the number of farms in the United States and ranks in the top 10 nationally for the production of eleven different agricultural products.

Biden-Harris Administration Announces Florida, Georgia, Iowa, Minnesota, Missouri and Utah to Receive Nearly $1 Billion in American Rescue Plan Funds to Increase Access to Affordable, High-Speed Internet

The Department of Treasury approved broadband projects in an additional six states under the American Rescue Plan’s Capital Projects Fund Florida, Georgia, Iowa, Minnesota, Missouri and Utah. Together, these states will use their funding to connect more than 180,000 homes and businesses to affordable, high-speed internet.

Tribal Recovery Report

A look at how Tribal governments are using financial support through the American Rescue Plan Act (ARPA) to provide critical recovery assistance and improve the health and well-being of Tribal citizens. The $20 billion in ARPA State and Local Fiscal Recovery Funds (SLFRF) allocated to Tribal governments represents the largest single infusion of federal funding into Indian Country. The efforts highlighted reveal the vast and impressive reach SLFRF has had as a catalyst for recovery.

A Year One Update on the Infrastructure Investment and Jobs Act: Connecting Tribal Communities

The digital divide on Tribal lands includes broadband access, adoption, and application. On June 22, 2022, the Government Accountability Office (GAO) released an assessment of federal efforts to increase Tribal broadband internet connectivity in the U.S. In the report, the GAO observed that connectivity in Tribal nations still lags behind the United States significantly and that Tribal Nations need more resources to overcome barriers to sustainable broadband access, adoption and application on their lands.

Kansas To Give Nearly $16M to Expand Broadband in Rural Kansas

Governor Laura Kelly (D-KS) will award $15.7 million to seven service providers that will bring high-speed broadband service to underserved, economically distressed, and low-population areas of the state. This is the first of three rounds of awards from the Kansas Capital Project Funds (CPF) Broadband Grant Program. This phase of funding will connect more than 1,900 homes, businesses, schools, healthcare facilities, and other public institutions to fast, reliable internet in the next 24 months. This funding aims to solve the “last mile” of broadband needed in critical areas.

Vermont's Community-Based Broadband Solutions Get a Boost from American Rescue Plan

The Vermont Community Broadband Board (VCBB) was established by Act 71 (2021), legislation relating to accelerated community broadband deployment, to coordinate, facilitate, support, and accelerate the development and implementation of universal community broadband solutions. The board develops policies and programs to accelerate community efforts that advance the state’s goal of achieving universal access to reliable, high-quality, affordable, fixed broadband achieving speeds of at least 100 Mbps symmetrical. On October 26, the U.S.

Biden-Harris Administration Award Over $90 Million in American Rescue Plan Funds to Vermont to Increase Internet Access

The US Department of the Treasury approved over $90 million for broadband projects in the state of Vermont under the American Rescue Plan’s (ARPA) Capital Projects Fund (CPF). Vermont will use its funding to connect nearly 14,000 homes and businesses to affordable, high-speed internet. The funding advances the Biden-Harris Administration’s commitment to connecting every American household to affordable, reliable high-speed internet. The 13,818 households and businesses represent 22% of locations still lacking high-speed internet access.

Michigan All-In on Closing the Digital Divide with American Rescue Plan Support

On October 6, 2022, the U.S. Department of the Treasury approved Michigan's plan to use its full Coronavirus Capital Projects Fund allocation to support broadband expansion in the state.

Massachusetts to Launch Broadband Infrastructure Gap Networks Grant Program with Capital Projects Fund Award

Broadband is critical to strengthening our economy, improving educational opportunities, and enhancing the delivery of health care, public safety and other government services. “If you can’t play in this space in the 21st century, you discover that your opportunities are limited,” said Governor Charlie Baker (R-MA).