Department of Treasury

Broadband's Role in Federal Equity Action Plans

Through the implementation of two Executive Orders on equity and President Joe Biden's Investing in America Agenda, the Biden-Harris Administration is working to advance opportunity and make real the promise of America for everyone.  In the rural South and dense 

New US Department of the Treasury Analysis Shows President Biden’s Investing in America Agenda is Driving Investment to Underserved Communities in Georgia

The Department of the Treasury released new analysis on the benefits of President Biden’s Investing in America Agenda for Georgia.

South Carolina Broadband Office Completes $185.1 Million Capital Projects Fund Investment Round, Launches ARPA 3.0 Grant Program

The South Carolina Broadband Office (SCBBO) is pleased to announce the conclusion of its American Rescue Plan Act (ARPA) Capital Projects Fund (CPF) 1.0 Grant Program.

FOCUS Broadband Completes Work on NCDIT GREAT Grant Project in Bladen County (NC)

FOCUS Broadband completed its Faster Bladen broadband project, making high-speed internet service available for over 700 residents and businesses living near Tar Heel and along portions of North Carolina Highway 701 between Clarkton and Elizabethtown. This project was made possible using $2.9 million in funds awarded to FOCUS Broadband in 2022 from the North Carolina Department of Information Technology’s (NCDIT) Growing Rural Economies with Access to Technology (GREAT) Grant program.

Broadband across the nation: 2024 funding tracker

Tracking broadband funding awards as they happen. In January 2024:

Treasury Department Announces Approval of Federal Funds to Connect Tens of Thousands of Homes and Businesses in New York to Affordable, High-Speed Internet

The US Department of the Treasury announced the approval of more than $228 million for high-speed internet projects in New York under the American Rescue Plan’s Capital Projects Fund (CPF), which the state estimates will connect tens of thousands of homes and businesses to affordable, high-speed internet.

Making a Down Payment on Affordable, Reliable, High-Speed Internet for All

The fiber broadband industry is experiencing a historic moment.

Governor Polis and Colorado Broadband Office Announce Unprecedented Funding for Broadband through Advance Colorado Broadband Grant Program

Governor Jared Polis (D-CO) announced the first of multiple investments using stimulus funding from the US Treasury’s Capital Projects Fund (CPF) program. The Polis administration will use $113 million from CPF to make major, long-term improvements, including expanding the state’s broadband infrastructure and connecting Colorado homes without internet access. CPF will connect nearly 19,000 homes and businesses across all of Colorado with these funds.

What’s in it for rural?

By passing the Infrastructure Investment and Jobs Act (IIJA), the CHIPS and Science Act (CHIPS), and the Inflation Reduction Act (IRA), the 117th Congress approved over a trillion dollars in immediate appropriations and nearly $600 billion more in authorizations to invest in infrastructure, clean energy, climate resilience, and industrial policy. Given the complex challenges that rural communities face to achieve and sustain prosperity, we examined the provisions of this legislation to identify where rural places are statutorily included or where funding objectives are exceptionally relevan