The Treasury Department’s broadband connectivity program, the Capital Projects Fund (CPF), is now one year old. The department says the CPF, part of the American Rescue Plan, has awarded approximately $6.7 billion for broadband, digital technology, and multi-purpose community center projects in 42 states. Those states estimate each project will reach more than 1.88 million businesses, homes and other locations. The effort is part of the administration’s Investing in America agenda with the goal of bringing affordable high-speed internet to all Americans.
The CPF provides $10 billion to states, territories, and Tribal governments to fund broadband infrastructure projects that increase access to high-speed internet for millions of Americans. Click here for a list of projects.
In addition to broadband infrastructure projects, some states like Kansas are investing in digital connectivity technology projects that aim to address gaps in digital equity, affordability, and broadband adoption. Other states – like Connecticut, Delaware, and Idaho – are using CPF resources to build and improve multi-purpose community centers where residents can access high-speed internet.
These American Rescue Plan dollars are working in tandem with the Infrastructure Law’s Affordable Connectivity Program to close the digital divide. The administration says its Investing in America agenda has delivered affordable high-speed internet to 18 million American households.
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