By a vote of 6-1, with two councilors absent, the Loveland City Council approved the second reading of an ordinance allowing the city to issue the bonds. Loveland staff will now begin the three-year process to construct a city-wide fiber broadband network that is capable of offering up to gigabit speeds for any resident or business. The city and its consultants will immediately start the process of bonding for about $97 million (the exact amount depends on a number of factors, including the interest rate on the bonds, the term of the bonds and structure of the financing).
South Portland broadband plan could hit funding snag
An action plan for using $436,000 in Community Development Block Grant funds received unanimous City Council approval Tuesday night in Portland, ME. However, the plan to be submitted to the Cumberland County Commissioners, and eventually the U.S. Department of Housing and Urban De...
$1.25 million earmarked for broadband, library, park
The Pennsylvania Department of Community & Economic Development had awarded a Keystone Communities Program grant of $500,000 to help Indiana County leaders to extend broadband internet access to underserved rural, outlying areas of the county. In total, the award of four grants to...
Rural broadband funding could connect more Ohio Valley communities to high-speed
With the new funding for a USDA Rural Development pilot program called ReConnect, which allows companies, nonprofits, and communities in under-served regions to apply for loans and grants to fund broadband projects, there may now be funding for building broadband infrastructure in...
Statewide broadband bill passes out of committee
A bipartisan bill that would support the expansion of broadband service in Washington State, introduced in January by Gov. Jay Inslee, passed out of the House Capital Budget Committee last Tuesday in a unanimous vote. Governor Inslee’s office wrote that federal data "grossly...
Midwest states showing progress in rural connectivity
According to a report from the American Broadband Initiative, a federal initiative aimed at improving accessibility of internet connections, more than 92 percent of the U.S. population had access to fixed land-based broadband in 2016. However, of the 8 percent remaining, 80 percen...
FCC pledges more funding for rural broadband deployment
The Federal Communications Commission on Monday announced an additional $67 million in annual support to bring improved broadband service to rural America. The money is intended to help rural broadband providers deliver improved service to nearly 110,000 homes in rural communities...