Department of Treasury

BEAM Mississippi Up With Broadband

When it comes to wiring Mississippi, the state is betting on co-ops and small telecommunications companies.

Gov. Reynolds Announces $148 Million Broadband Grant Opportunity

Governor Reynolds and the Department of Management’s Office of the Chief Information Officer (OCIO) announced a new broadband grant opportunity for internet service providers. $148,960,000 is available through Empower Rural Iowa Broadband Grant Program with funding from the Capital Projects Fund (CPF) administered by the US Department of Treasury.

Treasury Department Announces Awards in Montana and North Dakota to Expand Connectivity

The US Department of the Treasury approved $119.9 million in federal funds for broadband infrastructure projects in Montana and $68.3 million for multi-purpose community facility projects in North Dakota under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF):

Building Idaho’s Future with Broadband

Since 2019, Governor Brad Little (R-ID) and the Idaho legislature have taken many steps to improve broadband access in the state. Through investment of federal and state funding, Idaho has been able to connect tens of thousands of underserved households in the state, the majority of which are in rural communities of less than 3,000 residents. Policymakers there have primarily focused on the digital divide between urban and rural areas. Inadequate access to high-speed internet disadvantages Idahoans who choose to live in rural parts of our state.

One Year In: Treasury Department’s Capital Projects Fund Connecting Nearly Two Million Families and Businesses

One year after announcing the first awards under the American Rescue Plan Act's (ARPA) Capital Projects Fund (CPF) in 2022, the US Department of the Treasury has awarded approximately $6.7 billion for broadband, digital technology, and multi-purpose community center projects in 42 states, which those states estimate will reach more than 1.88 million businesses, homes and other locations. These ARPA dollars are working in tandem with the In

Federal Broadband Funding Report: These Agencies Are Funding Internet for All

On May 8, 2023, the National Telecommunications and Information Administration's Office of Internet Connectivity and Growth released its second annual report

Treasury Department Approves of Federal Funds to Connect Over 47,300 Mississippians

The US Department of the Treasury approved the use of $151.5 million for high-speed internet projects in Mississippi under the American Rescue Plan Act (ARPA) Capital Projects Fund (CPF). Mississippi is approved to receive $151.5 million for broadband infrastructure projects, which the state estimates will connect approximately 47,300 homes and businesses to affordable, high-speed internet.

Broadband service coming to more towns, boosting New Hampshire's economy

About $115 million in federal funds will spread broadband internet to rural areas around New Hampshire in the coming years, improving people's lives and boosting the state's economy. "By the time we get done with these resources (in late 2026), we do expect to have a very significant portion of the unserved and underserved locations in the state up to speed and online," Taylor Caswell, commissioner of the New Hampshire Department of Business and Economic Affairs. Caswell participated in an announcement of $50 million in federal funding to the New Hampshire Electric Cooperative.

How State Broadband Offices Are Using Initial Dollars from Capital Projects Fund

States are implementing a variety of strategies as they allocate the initial rounds of federal Capital Projects Fund (CPF) dollars to help expand access to broadband services. The U.S. Department of the Treasury has officially released more than half of the CPF dollars, with $6 billion awarded to 40 states as of May 2023.

US Treasury Releases Final Version of SLFRF/CPF Supplemental Broadband Guidance

The US Treasury Department has released the final version of important compliance guidance applicable to broadband projects funded through the State and Local Fiscal Recovery Fund (SLFRF) or Capital Project Fund (CPF) awards.