Department of the Treasury

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.

The Department of the Treasury announced the first group of plans approved under the American Rescue Plan’s Coronavirus Capital Projects Fund (CPF). The CPF provides $10 billion to states, territories, freely associated states, and Tribal governments to fund critical capital projects that enable work, education, and health monitoring in response to the public health emergency.

The Department of the Treasury released guidance for the Coronavirus Capital Projects Fund program established by the American Rescue Plan Act of 2021. The program allocates $10 billion for eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the COVID-19 public health emergency.

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.

The US Department of the Treasury approved $195.7 million for high-speed internet projects in Washington state from the Capital Projects Fund (CPF).

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):