Economic news
U.S. plans to announce broadband infrastructure funding plans by June 30
2022.11.10 09:40
U.S. plans to announce broadband infrastructure funding plans by June 30
Budrigannews.com – The Biden administration said Wednesday it plans to announce by June 30 how it intends to allocate more than $42 billion in broadband infrastructure grants to states and territories.
The distribution formula from the Commerce Department’s National Telecommunications and Information Administration agency is contingent on ensuring accurate maps of U.S. locations without access to high-speed broadband internet. The Federal Communications Commission separately said it will unveil a pre-production draft of new broadband maps on Thursday to improve provider data by incorporating challenges.