Memo: $65 Billion for Broadband Deployment
November 16, 2021
$65 Billion Dollars for Broadband Deployment to Unserved and Underserved Areas
On November 15, 2021, the Infrastructure Investment and Jobs Act (”IIJA” or “Infrastructure Bill”) was signed into law.
The majority of the $65 Billion appropriated for broadband deployment will be administered through the newly formed Broadband Equity, Access and Deployment Program (“BEAD”), which will provide $42 Billion to individual states and will be overseen by the Commerce Department’s National Telecommunications and Information Administration (“NTIA”).
Additionally, the Infrastructure Bill also provides for a Middle Mile Broadband Infrastructure Program that will provide $1 Billion in grant funds for “construction, improvement or acquisition of middle mile infrastructure.”
Download the full memo for a summary of the BEAD Program, Middle Mile Program, and the other specific programs under the IIJA that will provide funding for broadband deployment.VPS Memo - $65B for Broadband Deployment
For information on this issue or if you would like VPS guidance, please contact:
Kristy Szabo at (605) 995-1786
Steve Gatto, JD at (830) 895-7226