![]() ![]() Together with the state’s administrative funds, these projects represent 100percent of the state’s total allocation under the CPF program. Multi-purpose community facilities funded under this program will offer targeted programming to improve education and student performance, provide workforce training for better and higher-paying jobs, and help residents better monitor their physical and mental health. Grants will be awarded based on the municipalities’ population and per capita income, among other factors, with the goal of equitably distributing funding for necessary projects throughout the state while also prioritizing projects in low-income areas. Rhode Island will invest an additional $81.7 million of CPF funding in a formula grant program available to the state’s 39 municipalities to construct or rehabilitate multipurpose community facilities accessible to all residents. This funding will go toward the ConnectRI Broadband Deployment Program, a competitive grant program designed to fund last mile broadband infrastructure projects in areas that currently lack access to internet at speeds of 100/20 Mbps. Rhode Island is approved to receive $25 million for broadband infrastructure projects, which the state estimates will connect 7,500 homes and businesses to affordable, high-speed internet and serve about 30 percent of locations still lacking high-speed internet across the state. Together, these American Rescue Plan programs and the Bipartisan Infrastructure Law are working in tandem with President Biden’s Investing in America agenda to close the digital divide – deploying high-speed internet to those without access and lowering costs for those who cannot afford it. ![]() In addition to the $10 billion provided by the CPF, many governments are putting a portion of their State and Local Fiscal Recovery Funds (SLFRF) toward meeting the Biden-Harris Administration’s goal of connecting every American household to affordable, reliable high-speed internet. The CPF provides a total of $10 billion to states, territories, freely associated states, and Tribal governments to fund critical capital projects that enable work, education, and health monitoring. “This funding is a key piece of the Biden-Harris Administration’s historic investments to increase access to high-speed internet for millions of Americans and provide more opportunities to fully participate in the 21st century economy.” ![]() “Digital connectivity is central to expanding economic opportunity in communities across the country,” said Deputy Secretary of the Treasury Wally Adeyemo. Already, President Biden’s Investing in America agenda has delivered affordable, high-speed internet to 19 million American households, through these CPF investments funded by the American Rescue Plan, and through the Affordable Connectivity Program funded by the Bipartisan Infrastructure Law. Today’s announcement includes two funding plans: $25 million for broadband infrastructure, which the state estimates will connect 7,500 homes and businesses and $81.7 million for multi-purpose community facilities, which will bring connectivity to Rhode Island communities for years to come.Ī key priority of the CPF program is expanding economic opportunities and providing internet connectivity in communities with unmet needs. ![]() Department of the Treasury announced the approval of $112 million in federal funds for broadband infrastructure and multi-purpose community facility projects in Rhode Island under the American Rescue Plan’s Capital Projects Fund (CPF), part of President Biden’s Investing in America Agenda. To date, the Capital Projects Fund has awarded over $7 billion for broadband, digital technology, and multi-purpose community center projects in 46 states, which those states estimate will reach nearly two million locationsĬombined with other Administration initiatives, President Biden’s Investing in America agenda has brought affordable internet to over 19 million American households ![]()
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