Wednesday, March 24, 2010

RUS Awards $150 Million in Broadband Stimulus Funds Across Eight States | Telecompetitor

Round one funding from the Rural Utilities Service BIP program continues with today’s announcement of $150 million for projects in eight different states. In all twelve projects will be funded and an additional $68.2 million in private investment will be provided in matching funds, bringing the total funds invested to $218.2 million. To date, $1.05 billion has been provided to construct 67 broadband projects in 30 states and one territory from the BIP program.

“The broadband projects announced today will give rural Americans access to the tools they need to attract new businesses, educational opportunities and jobs,” Agriculture Secretary Tom Vilsack said in a press release. The states and their respective projects are listed below...