Infrastructure Investment and Jobs Act
Missouri's Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted Missouri’s Digital Equity plan. Using $827,338.00 from the State Digital Equity Planning Grant Program, Missouri created a plan aimed at addressing disparities in digital access, skills and affordability across the state.
Vermont’s Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted Vermont’s Digital Equity plan. The Digital Equity Act, part of the Internet for All initiative and a key piece of President Biden’s Investing in America Agenda, provides $2.75 billion to establish three grant programs that promote digital equity and inclusion. The program aims to ensure that all people and communities have the skills, technology, and capacity needed to reap the full benefits of our digital economy.
Ohio’s Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted Ohio’s Digital Equity plan. The Digital Equity Act, part of the Internet for All initiative and a key piece of President Biden’s Investing in America Agenda, provides $2.75 billion to establish three grant programs that promote digital equity and inclusion. The program aims to ensure that all people and communities have the skills, technology, and capacity needed to reap the full benefits of our digital economy.
District of Columbia’s Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted District of Columbia’s Digital Equity plan. The Digital Equity Act, part of the Internet for All initiative and a key piece of President Biden’s Investing in America Agenda, provides $2.75 billion to establish three grant programs that promote digital equity and inclusion. The program aims to ensure that all people and communities have the skills, technology, and capacity needed to reap the full benefits of our digital economy.
California's Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted California’s Digital Equity plan. Using $4,001,520.00 from the State Digital Equity Planning Grant Program, California created a plan aimed at addressing disparities in digital access, skills and affordability across the state.
Biden administration asks Republicans to extend popular broadband discount program
President Joe Biden’s administration called on Republicans in Congress to extend funding for the Federal Communications Commission’s Affordable Connectivity Program (ACP), a consumer broadband rebate program used by more than 23 million households. The the $14.2 billion ACP was signed into law in November 2021 and began accepting enrollments at the end of that year.
Nebraska's Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted Nebraska’s Digital Equity plan. Using $598,746.00 from the State Digital Equity Planning Grant Program, Nebraska created a plan aimed at addressing disparities in digital access, skills and affordability across the state.
Texas’ Digital Equity Plan Accepted
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has accepted Texas’ Digital Equity plan. Using $3,110,150.00 from the State Digital Equity Planning Grant Program, Texas created a plan aimed at addressing disparities in digital access, skills and affordability across the state.
Public and private fiber operators tap asset backed security
One tactic that both private and public fiber companies are using to raise capital is to tap asset backed security (ABS), according to the analysts at TD Cowen. ABS is a type of financial investment that uses income-generating assets as collateral and is an alternative to other ways of raising capital, such as corporate bonds.
Without federal internet subsidies, state efforts to offer low-cost broadband could be impacted
According to state broadband officials in Michigan, Vermont and Pennsylvania, the termination of the Affordable Connectivity Program (ACP) could not only impact the 23 million households on the program, but also those who live in areas where broadband is being built out. In Michigan, for instance, the state wants to require broadband companies receiving grants under the Broadband Equity, Access and Deployment (BEAD) program to charge lower-income people no more than $30 a month.