Strong Demand for Broadband Stimulus Funds

On August 27, the Commerce Department's National Telecommunications and Information Administration (NTIA) and the Department of Agriculture's Rural Utilities Service (RUS) announced that they received almost 2,200 applications requesting nearly $28 billion in funding for proposed broadband projects reaching all 50 US states and territories and the District of Columbia.

Applications came in from a diverse range of parties including state, local, and tribal governments; nonprofits; industry; anchor institutions, such as libraries, universities, community colleges, and hospitals; public safety organizations; and other entities in rural, suburban, and urban areas.

"Applicants requested nearly seven times the amount of funding available, which demonstrates the substantial interest in expanding broadband across the Nation," said Lawrence E. Strickling, Assistant Secretary for Communications and Information and Administrator of NTIA. "We will move quickly but carefully to fund the best projects to bring broadband and jobs to more Americans."

"The overwhelming response we received underscores the extensive interest in expanding broadband across the country. Rural communities clearly recognize that broadband can expand their economic opportunities and create jobs," said Jonathan Adelstein, Administrator, Rural Utilities Service, USDA. "The Obama Administration's goal is to target funds to serve areas of greatest need. The big demand for loans as well as grants demonstrates that we can leverage private investment with USDA's $2.5 billion to deliver the greatest bang for the taxpayers' buck."

This is the first round of American Recovery and Reinvestment Act funding aimed at expanding broadband access and adoption to help bridge the technological divide and create jobs building Internet infrastructure, with $4 billion available through loans, grants, and loan/grant combinations.


Strong Demand for Broadband Stimulus Funds Broadband stimulus gets lots of interest (USAToday)