Treasury Department Announces Awards to Connect Families and Businesses to High-Speed Internet
Under the American Rescue Plan’s Capital Projects Fund (CPF), part of President Biden’s Investing in America Agenda, the U.S. Department of the Treasury announced the approval of federal funds for multi-purpose community facility projects and broadband infrastructure projects in Delaware and Idaho.
According to the U.S. Department of Treasury, the following descriptions summarize the Idaho and Delaware plans that Treasury approved:
- Delaware is approved to receive $65.9 million for Delaware’s Multi-Purpose Community Facility Program, which will provide funding for the construction and renovation of 29 nonprofit community facilities selected through a competitive grant process. These facilities will provide services or activities that directly enable work, education, and health monitoring in towns and cities with unmet needs across the state’s three counties. For example, they will help connect youth with job trainings and opportunities, provide services for homeless individuals, provide support for children and adults with disabilities, and offer public Wi-Fi access and health services for seniors. The plan approved by the Treasury Department today represents 58% of the state’s total allocation under the CPF program.
- Idaho is approved to receive $120 million for broadband infrastructure, which the state estimates will serve 35,000 locations. The Idaho Broadband Advisory Board (IBAB) Broadband Infrastructure Grant – CPF (BIG-CPF) is a competitive grant program designed to bring reliable broadband infrastructure to areas lacking access to internet with speeds of at least 100/20 Mbps. Building off previous CARES Act investments in broadband, Idaho will prioritize fiber investments aiming to connect the greatest number of households to high-speed internet. The plan approved by the Treasury Department today represents 93% of the state’s total allocation under the CPF program.
